£372,093
This estimated value is based upon the latest sale price for the house of £227,500 on 12 Jan 2007. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £227,500 | 12 Jan 2007 |
| £179,995 | 1 Nov 2002 |
| £93,000 | 6 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 January 2007 the House Price Index for PORTSMOUTH was 90.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 63.558%.Applying this 63.558% change to the original purchase price of £227,500 results in an estimated price of approximately £372,093.
| 12 Jan 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.0 | 63.558 % | £227,500 | £144,593 | £372,093 |
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 | 19.546 % | £44,466 | £271,966 |
| 3 Month Average | 45.088 % | £102,574 | £330,074 |
| 6 Month Average | 51.370 % | £116,866 | £344,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £446,508 | £445,000 | 49 NORTHERN PARADE |
| 2 Jun 2023 | £302,452 | £300,000 | 22 KIPLING ROAD |
| 3 Feb 2023 | £179,153 | £180,000 | 141 NORTHERN PARADE |
| 30 Jan 2023 | £173,476 | £175,000 | FLAT 12A PARK ROYAL NORTHERN PARADE |
| 6 Jan 2023 | £153,650 | £155,000 | 105 NORTHERN PARADE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 27 Jan 2014. Using an estimated price of £372,093 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on NORTHERN PARADE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Vita Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meredith Road |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |