£463,611
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Oct 2016. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £350,000 | 12 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2016 the House Price Index for PORTSMOUTH was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £350,000 results in an estimated price of approximately £463,611.
| 12 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £350,000 | £113,611 | £463,611 |
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 | -4.968 % | £-17,389 | £332,610 |
| 3 Month Average | 27.615 % | £96,654 | £446,654 |
| 6 Month Average | 21.938 % | £76,784 | £426,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £398,486 | £395,000 | 20 CHELSEA ROAD |
| 9 Aug 2023 | £600,251 | £595,000 | 51 CHELSEA ROAD |
| 25 Jan 2023 | £612,117 | £615,000 | 24 ALBERT GROVE |
| 30 Sep 2022 | £482,107 | £486,000 | 31 CHELSEA ROAD |
| 22 Aug 2022 | £307,173 | £308,000 | 87 GOODWOOD ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 11 Oct 2016. Using an estimated price of £463,612 means this house is valued at £3,264 per sq meter (£303 per sq foot).
The average size of a house on CHELSEA ROAD is 132 sq meters (1,426 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Chelsea Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chelsea Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chelsea Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chelsea Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Albert Grove |