£200,987
This estimated value is based upon the latest sale price for the house of £198,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £198,000 | 6 May 2022 |
| £62,500 | 27 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 May 2022 the House Price Index for PORTSMOUTH was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £198,000 results in an estimated price of approximately £200,987.
| 6 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £198,000 | £2,987 | £200,987 |
The Postcode Pricing Model uses changes in average sales price within the PO1 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 | 248.598 % | £492,224 | £690,224 |
| 3 Month Average | 31.816 % | £62,996 | £260,996 |
| 6 Month Average | 15.297 % | £30,287 | £228,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £200,678 | £200,000 | 28 ALVER ROAD |
| 6 May 2022 | £200,988 | £198,000 | 50 OLINDA STREET |
| 14 Apr 2022 | £266,667 | £260,000 | 66 ALVER ROAD |
| 19 Nov 2021 | £199,272 | £185,000 | 59 OLINDA STREET |
| 1 Nov 2021 | £114,178 | £106,000 | 50D ST MARYS ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 1 Jul 2021. Using an estimated price of £200,988 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on OLINDA STREET is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olinda Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olinda Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Olinda Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Olinda Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Olinda Street |