£118,784
This estimated value is based upon the latest sale price for the house of £114,500 on 27 Apr 2022. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £114,500 | 27 Apr 2022 |
| £130,000 | 13 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2022 the House Price Index for PORTSMOUTH was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £114,500 results in an estimated price of approximately £118,784.
| 27 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £114,500 | £4,284 | £118,784 |
The Postcode Pricing Model uses changes in average sales price within the PO1 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 | -20.079 % | £-22,990 | £91,509 |
| 3 Month Average | -14.995 % | £-17,169 | £97,330 |
| 6 Month Average | 0.097 % | £111 | £114,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £112,000 | £112,000 | APARTMENT 11A CHARTER HOUSE LORD MONTGOMERY WAY |
| 17 Mar 2023 | £111,868 | £110,000 | FLAT 2 12 HAMPSHIRE TERRACE |
| 27 Apr 2022 | £118,785 | £114,500 | APARTMENT 36 CHARTER HOUSE LORD MONTGOMERY WAY |
| 21 Feb 2022 | £124,662 | £118,000 | FLAT 1 12 HAMPSHIRE TERRACE |
| 11 Feb 2022 | £110,928 | £105,000 | FLAT 4 12 HAMPSHIRE TERRACE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 16 Oct 2020. Using an estimated price of £118,785 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on LORD MONTGOMERY WAY is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Further/Higher Educational Building |
| Jul 2024 | Shoplifting | Under investigation | On or near Further/Higher Educational Building |
| Jul 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |