£162,883
This estimated value is based upon the latest sale price for the house of £149,500 on 19 Nov 2021. 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 Western Parade
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Price Paid | Date |
---|---|
£149,500 | 19 Nov 2021 |
£126,000 | 28 Apr 2017 |
Flats/Maisonettes |
Leasehold |
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 November 2021 the House Price Index for PORTSMOUTH was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £149,500 results in an estimated price of approximately £162,883.
19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £149,500 | £13,383 | £162,883 |
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 | 28.811 % | £43,072 | £192,572 |
3 Month Average | 6.033 % | £9,019 | £158,519 |
6 Month Average | -22.370 % | £-33,442 | £116,057 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2022 | £279,813 | £280,000 | FLAT 12 CARLTON HOUSE 1-6 WESTERN PARADE |
29 Jul 2022 | £200,004 | £198,000 | FLAT 5 CARLTON HOUSE 1-6 WESTERN PARADE |
31 May 2022 | £156,579 | £152,500 | FLAT 1 CARLTON HOUSE 1-6 WESTERN PARADE |
22 Apr 2022 | £177,399 | £171,000 | FLAT 7 OPHIR COURT, 8 KENT ROAD |
19 Nov 2021 | £162,883 | £149,500 | FLAT 18 CARLTON HOUSE, 1 - 6 WESTERN PARADE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Western Parade |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Western Parade |
Sep 2024 | Anti-social behaviour | On or near Western Parade | |
Sep 2024 | Anti-social behaviour | On or near Western Parade | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Parade |