£307,687
This estimated value is based upon the latest sale price for the house of £311,000 on 14 Oct 2022. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£311,000 | 14 Oct 2022 |
£175,000 | 23 May 2017 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2022 the House Price Index for PORTSMOUTH was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £311,000 results in an estimated price of approximately £307,687.
14 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £311,000 | £-3,312 | £307,687 |
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 | -28.518 % | £-88,691 | £222,308 |
3 Month Average | -9.513 % | £-29,585 | £281,414 |
6 Month Average | -5.946 % | £-18,491 | £292,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £395,051 | £390,000 | 28 ORIEL ROAD |
7 Jul 2023 | £322,845 | £318,500 | 27 SHADWELL ROAD |
10 Mar 2023 | £161,522 | £160,000 | LOWER FLAT 63 OPHIR ROAD |
8 Mar 2023 | £317,996 | £315,000 | 29 SHADWELL ROAD |
13 Jan 2023 | £170,198 | £171,000 | 50 ORIEL ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 25 Feb 2013. Using an estimated price of £307,687 means this house is valued at £2,797 per sq meter (£259 per sq foot).
The average size of a house on SHADWELL ROAD is 117 sq meters (1,264 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Shadwell Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shadwell Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ophir Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ophir Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ophir Road |