£341,208
This estimated value is based upon the latest sale price for the house of £274,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £274,000 | 28 May 2019 |
| £160,000 | 7 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 May 2019 the House Price Index for PORTSMOUTH was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £274,000 results in an estimated price of approximately £341,208.
| 28 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £274,000 | £67,208 | £341,208 |
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 | 28.264 % | £77,443 | £351,443 |
| 3 Month Average | 27.925 % | £76,514 | £350,514 |
| 6 Month Average | 16.858 % | £46,191 | £320,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £434,580 | £425,000 | 57 ORIEL ROAD |
| 15 Sep 2023 | £398,791 | £390,000 | 28 ORIEL ROAD |
| 20 Jan 2023 | £315,844 | £315,000 | 47 ORIEL ROAD |
| 13 Jan 2023 | £171,458 | £171,000 | 50 ORIEL ROAD |
| 12 Nov 2021 | £5,829 | £5,350 | 14 SHADWELL ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 7 Aug 2015. Using an estimated price of £341,209 means this house is valued at £2,230 per sq meter (£207 per sq foot).
The average size of a house on ORIEL ROAD is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oriel Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shadwell Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shadwell Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shadwell Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wadham Road |