£152,015
This estimated value is based upon the latest sale price for the house of £151,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£151,000 | 10 Feb 2023 |
£55,000 | 19 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 February 2023 the House Price Index for PORTSMOUTH was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £151,000 results in an estimated price of approximately £152,015.
10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £151,000 | £1,015 | £152,015 |
The Postcode Pricing Model uses changes in average sales price within the PO6 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 | -16.367 % | £-24,713 | £126,286 |
3 Month Average | -11.964 % | £-18,066 | £132,933 |
6 Month Average | -14.513 % | £-21,914 | £129,085 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £271,159 | £265,000 | 3 CLACTON ROAD |
27 Jun 2023 | £346,953 | £340,000 | 24 BELL ROAD |
12 Apr 2023 | £180,883 | £177,500 | 40 SUDBURY ROAD |
27 Mar 2023 | £262,382 | £258,000 | 35 BELL ROAD |
22 Mar 2023 | £249,161 | £245,000 | 11 ROCHFORD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Feb 2014. Using an estimated price of £152,015 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on ROCHFORD ROAD is 92 sq meters (991 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mellor Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellor Close |