£141,305
This estimated value is based upon the latest sale price for the house of £115,000 on 17 Jan 2020. 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 |
|---|---|
| £115,000 | 17 Jan 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2020 the House Price Index for PORTSMOUTH was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £115,000 results in an estimated price of approximately £141,305.
| 17 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £115,000 | £26,305 | £141,305 |
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 | -0.487 % | £-560 | £114,439 |
| 3 Month Average | -4.906 % | £-5,641 | £109,358 |
| 6 Month Average | -8.099 % | £-9,314 | £105,685 |
| 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 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Sep 2020. Using an estimated price of £141,305 means this house is valued at £1,788 per sq meter (£166 per sq foot).
The average size of a house on WESTERN PARADE is 83 sq meters (893 sq feet).
| 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 |