£335,315
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Aug 2016 |
| £173,000 | 10 Feb 2006 |
| £135,000 | 31 May 2002 |
| £110,000 | 3 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 688 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 August 2016 the House Price Index for PORTSMOUTH was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £250,000 results in an estimated price of approximately £335,315.
| 5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £250,000 | £85,315 | £335,315 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | 46.993 % | £117,482 | £367,482 |
| 3 Month Average | 32.225 % | £80,563 | £330,563 |
| 6 Month Average | 35.095 % | £87,736 | £337,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £192,000 | £192,000 | FLAT 3 1 ALHAMBRA ROAD |
| 30 Jun 2023 | £178,579 | £175,000 | FLAT 12 12 - 14 ALHAMBRA ROAD |
| 9 Jun 2023 | £127,556 | £125,000 | FLAT 8 12 - 14 ALHAMBRA ROAD |
| 18 Jan 2023 | £172,631 | £172,170 | FLAT 9 16 - 18 ALHAMBRA ROAD |
| 10 Aug 2022 | £144,677 | £144,000 | FLAT 2 28 GRANADA ROAD |
This house has a floor area of 63 sq meters or 688 sq feet when measured on 1 May 2009. Using an estimated price of £335,316 means this house is valued at £5,245 per sq meter (£487 per sq foot).
The average size of a house on GRANADA ROAD is 79 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Granada Road |
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Granada Road |
| Sep 2024 | Public order | Under investigation | On or near Granada Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Granada Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granada Road |