£696,440
This estimated value is based upon the latest sale price for the house of £687,500 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £687,500 | 24 Nov 2023 |
| £300,000 | 7 Jul 2003 |
| Terraced |
| Freehold |
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 2023 the House Price Index for PORTSMOUTH was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £687,500 results in an estimated price of approximately £696,440.
| 24 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £687,500 | £8,940 | £696,440 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | 62.711 % | £431,135 | £1,118,635 |
| 3 Month Average | -3.772 % | £-25,933 | £661,566 |
| 6 Month Average | -5.194 % | £-35,707 | £651,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £696,441 | £687,500 | 33 FESTING ROAD |
| 20 Jul 2023 | £100,955 | £100,000 | GROUND FLOOR OFFICES 2 HIGHLAND ROAD |
| 2 Jun 2023 | £175,422 | £174,000 | FLAT 8 17 SALISBURY ROAD |
| 31 Mar 2023 | £165,897 | £165,000 | FLAT 2 27 FESTING ROAD |
| 22 Feb 2023 | £821,116 | £825,000 | 20 EXETER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Lane |
| Mar 2024 | Public order | Under investigation | On or near The Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Lane |
| Mar 2024 | Drugs | Formal action is not in the public interest | On or near The Lane |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Lane |