£151,812
This estimated value is based upon the latest sale price for the house of £123,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £123,000 | 27 Jul 2018 |
| £80,000 | 4 Sep 2012 |
| £72,000 | 14 Feb 2003 |
| £42,000 | 7 Mar 2002 |
| Flats/Maisonettes |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for PORTSMOUTH to estimate the market value.
When this house was purchased in July 2018 the House Price Index for PORTSMOUTH was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £123,000 results in an estimated price of approximately £151,812.
| 27 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £123,000 | £28,812 | £151,812 |
The Postcode Pricing Model uses changes in average sales price within the PO5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -9.959 % | £-12,249 | £110,750 |
| 3 Month Average | 7.586 % | £9,330 | £132,330 |
| 6 Month Average | 7.326 % | £9,010 | £132,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £90,000 | £90,000 | FLAT 5 13A ALBERT ROAD |
| 29 Nov 2023 | £486,242 | £480,000 | 53 VICTORIA ROAD SOUTH |
| 26 May 2022 | £228,395 | £225,000 | FLAT 8 SANDHURST COURT, 1 VICTORIA GROVE |
| 10 Nov 2021 | £495,488 | £460,000 | 29 VICTORIA ROAD SOUTH |
| 29 Oct 2021 | £247,952 | £225,000 | 16 ALBERT ROAD |