£196,413
This estimated value is based upon the latest sale price for the house of £120,000 on 21 Nov 2013. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £120,000 | 21 Nov 2013 |
| £67,000 | 13 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2013 the House Price Index for PORTSMOUTH was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £120,000 results in an estimated price of approximately £196,413.
| 21 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £120,000 | £76,413 | £196,413 |
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 | 79.737 % | £95,684 | £215,684 |
| 3 Month Average | 70.065 % | £84,077 | £204,077 |
| 6 Month Average | 55.618 % | £66,741 | £186,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £157,500 | £157,500 | 42 GRUNEISEN ROAD |
| 7 Dec 2023 | £206,340 | £200,000 | 29 STRODE ROAD |
| 17 Nov 2023 | £179,558 | £175,000 | LOWER FLAT 1 GRUNEISEN ROAD |
| 15 Nov 2023 | £189,818 | £185,000 | 46 WILSON ROAD |
| 29 Aug 2023 | £241,353 | £237,000 | 3 GRUNEISEN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 3 Sep 2013. Using an estimated price of £196,413 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on GRUNEISEN ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gruneisen Road |
| May 2024 | Drugs | Local resolution | On or near Gruneisen Road |
| May 2024 | Anti-social behaviour | On or near Gruneisen Road | |
| May 2024 | Anti-social behaviour | On or near Gruneisen Road | |
| May 2024 | Anti-social behaviour | On or near Gruneisen Road |