£141,888
This estimated value is based upon the latest sale price for the house of £114,000 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
There has been one burglary within the last year on or near Albert Road
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| Price Paid | Date |
|---|---|
| £114,000 | 27 Jun 2019 |
| £95,000 | 12 May 2004 |
| £69,995 | 14 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 June 2019 the House Price Index for PORTSMOUTH was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £114,000 results in an estimated price of approximately £141,888.
| 27 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £114,000 | £27,888 | £141,888 |
The Postcode Pricing Model uses changes in average sales price within the PO5 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 | -5.271 % | £-6,009 | £107,990 |
| 3 Month Average | 9.892 % | £11,277 | £125,277 |
| 6 Month Average | -2.543 % | £-2,899 | £111,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £226,974 | £220,000 | 93 BOULTON ROAD |
| 20 Nov 2023 | £436,069 | £425,000 | 34 LAWRENCE ROAD |
| 20 Oct 2023 | £189,299 | £185,000 | FLAT 3 BRANDON HOUSE, 1 LAWRENCE ROAD |
| 15 Sep 2023 | £240,297 | £235,000 | FLAT 6 BRANDON HOUSE, 1 LAWRENCE ROAD |
| 12 Sep 2023 | £163,607 | £160,000 | FLAT 42 BRANDON COURT LAWRENCE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 25 Apr 2016. Using an estimated price of £141,888 means this house is valued at £2,956 per sq meter (£274 per sq foot).
The average size of a house on LAWRENCE ROAD is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Albert Road | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albert Road |
| Sep 2024 | Drugs | Under investigation | On or near Albert Road |
| Aug 2024 | Burglary | Under investigation | On or near Albert Road |
| Aug 2024 | Anti-social behaviour | On or near Albert Road |