£852,426
This estimated value is based upon the latest sale price for the house of £690,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £690,000 | 25 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 244 sq meters or 2,626 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 October 2019 the House Price Index for PORTSMOUTH was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £690,000 results in an estimated price of approximately £852,426.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £690,000 | £162,426 | £852,426 |
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 | 7.254 % | £50,052 | £740,052 |
| 3 Month Average | -14.690 % | £-101,358 | £588,641 |
| 6 Month Average | 6.097 % | £42,067 | £732,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £741,849 | £725,000 | CATHERINGTON 1A HILLBOROUGH CRESCENT |
| 15 Sep 2023 | £194,283 | £190,000 | FLAT 1 15 CAVENDISH ROAD |
| 30 Jun 2023 | £183,681 | £180,000 | FLAT 7 HEREFORD LODGE 12-14 HEREFORD ROAD |
| 24 Feb 2023 | £498,329 | £495,000 | 4 ALBANY ROAD |
| 20 Feb 2023 | £191,278 | £190,000 | 5A ALBANY ROAD |
This house has a floor area of 244 sq meters or 2,626 sq feet when measured on 23 Aug 2019. Using an estimated price of £852,426 means this house is valued at £3,493 per sq meter (£324 per sq foot).
The average size of a house on CAVENDISH ROAD is 115 sq meters (1,239 sq feet).
This house is the largest in the street with a floor area of 244 sq meters (2,626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereford Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereford Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereford Road |
| Jun 2024 | Anti-social behaviour | On or near Hereford Road | |
| Jun 2024 | Anti-social behaviour | On or near Hereford Road |