£429,872
This estimated value is based upon the latest sale price for the house of £285,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £285,000 | 14 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 2014 the House Price Index for PORTSMOUTH was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £285,000 results in an estimated price of approximately £429,872.
| 14 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £285,000 | £144,872 | £429,872 |
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 | 5.651 % | £16,105 | £301,105 |
| 3 Month Average | 34.252 % | £97,617 | £382,617 |
| 6 Month Average | 22.924 % | £65,333 | £350,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2024 | £65,000 | £65,000 | FLAT 59 HOMEGROVE HOUSE GROVE ROAD NORTH |
| 15 May 2024 | £64,000 | £64,000 | FLAT 33 HOMEGROVE HOUSE GROVE ROAD NORTH |
| 29 Apr 2024 | £110,964 | £110,000 | FLAT 1 65 COTTAGE GROVE |
| 21 Apr 2023 | £53,042 | £52,050 | 59 COTTAGE GROVE |
| 31 Mar 2023 | £91,529 | £90,000 | FLAT 43 HOMEGROVE HOUSE GROVE ROAD NORTH |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 23 Jun 2014. Using an estimated price of £429,873 means this house is valued at £2,117 per sq meter (£196 per sq foot).
The average size of a house on COTTAGE GROVE is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottage Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottage Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Windsor Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Lane |
| Jul 2024 | Robbery | Action to be taken by another organisation | On or near Windsor Lane |