£495,487
This estimated value is based upon the latest sale price for the house of £460,000 on 10 Nov 2021. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £460,000 | 10 Nov 2021 |
| £250,000 | 26 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 187 sq meters or 2,012 sq feet |
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 November 2021 the House Price Index for PORTSMOUTH was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £460,000 results in an estimated price of approximately £495,487.
| 10 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £460,000 | £35,487 | £495,487 |
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 | 9.272 % | £42,652 | £502,652 |
| 3 Month Average | 8.684 % | £39,946 | £499,946 |
| 6 Month Average | -13.990 % | £-64,355 | £395,644 |
| 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 |
| 4 Apr 2022 | £664,103 | £647,500 | 17 MERTON ROAD |
| 10 Nov 2021 | £495,488 | £460,000 | 29 VICTORIA ROAD SOUTH |
| 29 Oct 2021 | £247,952 | £225,000 | 16 ALBERT ROAD |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 6 Aug 2014. Using an estimated price of £495,488 means this house is valued at £2,649 per sq meter (£246 per sq foot).
The average size of a house on VICTORIA ROAD SOUTH is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road South |
| Mar 2024 | Public order | Under investigation | On or near Victoria Road South |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road South |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road South |