£160,442
This estimated value is based upon the latest sale price for the house of £122,500 on 21 Feb 2017. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£122,500 | 21 Feb 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 February 2017 the House Price Index for PORTSMOUTH was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £122,500 results in an estimated price of approximately £160,442.
21 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £122,500 | £37,942 | £160,442 |
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 | 45.101 % | £55,249 | £177,749 |
3 Month Average | 19.048 % | £23,333 | £145,833 |
6 Month Average | 11.629 % | £14,245 | £136,745 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £303,637 | £301,000 | 42C CASTLE ROAD |
1 Mar 2024 | £167,575 | £165,000 | 41C CASTLE ROAD |
31 Aug 2023 | £488,816 | £480,000 | 58 GREAT SOUTHSEA STREET |
20 Jan 2023 | £100,268 | £100,000 | 6 2 - 6 CHAPEL STREET |
20 Oct 2022 | £259,134 | £260,000 | 63B CASTLE ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 20 Feb 2019. Using an estimated price of £160,442 means this house is valued at £3,913 per sq meter (£363 per sq foot).
The average size of a house on CASTLE ROAD is 80 sq meters (863 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Castle Road |
Sep 2024 | Anti-social behaviour | On or near Castle Road | |
Sep 2024 | Anti-social behaviour | On or near Castle Road | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Castle Road |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Castle Road |