£123,091
This estimated value is based upon the latest sale price for the house of £47,600 on 18 Nov 2002. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£47,600 | 18 Nov 2002 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2002 the House Price Index for PORTSMOUTH was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £47,600 results in an estimated price of approximately £123,091.
18 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £47,600 | £75,491 | £123,091 |
The Postcode Pricing Model uses changes in average sales price within the PO2 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 | 144.163 % | £68,621 | £116,221 |
3 Month Average | 132.888 % | £63,254 | £110,854 |
6 Month Average | 122.322 % | £58,225 | £105,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £274,213 | £270,000 | 242 GRAFTON STREET |
15 Dec 2023 | £216,657 | £210,000 | 2 EMANUEL STREET |
18 Aug 2023 | £247,463 | £243,000 | 22 SULTAN ROAD |
30 Jun 2023 | £256,133 | £251,000 | 248 GRAFTON STREET |
29 Mar 2023 | £151,531 | £149,000 | 24 CAIRO TERRACE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 2 Apr 2013. Using an estimated price of £123,091 means this house is valued at £1,070 per sq meter (£99 per sq foot).
The average size of a house on SULTAN ROAD is 107 sq meters (1,156 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Grafton Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grafton Street |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Grafton Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Grafton Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grafton Street |