£198,716
This estimated value is based upon the latest sale price for the house of £195,000 on 18 Apr 2023. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £195,000 | 18 Apr 2023 |
| £54,000 | 4 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 April 2023 the House Price Index for PORTSMOUTH was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £195,000 results in an estimated price of approximately £198,716.
| 18 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £195,000 | £3,716 | £198,716 |
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 | -2.887 % | £-5,629 | £189,370 |
| 3 Month Average | 6.010 % | £11,719 | £206,719 |
| 6 Month Average | -5.333 % | £-10,399 | £184,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £180,270 | £177,500 | FLAT 2 12 VICTORIA ROAD NORTH |
| 18 Apr 2023 | £198,717 | £195,000 | FLAT 4 CEDAR COURT, 47 OUTRAM ROAD |
| 14 Apr 2023 | £193,622 | £190,000 | FLAT 7 CEDAR COURT, 47 OUTRAM ROAD |
| 10 Mar 2023 | £181,023 | £178,000 | FLAT B 33 OUTRAM ROAD |
| 20 Feb 2023 | £85,572 | £85,000 | FLAT 23 EASTFIELDS, 24 - 30 VICTORIA ROAD NORTH |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 19 Mar 2014. Using an estimated price of £198,717 means this house is valued at £1,774 per sq meter (£164 per sq foot).
The average size of a house on OUTRAM ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Outram Road |
| Oct 2024 | Anti-social behaviour | On or near Outram Road | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Outram Road |
| Oct 2024 | Anti-social behaviour | On or near Outram Road | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Outram Road |