£255,433
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Dec 2014. 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 Malvern Road
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Price Paid | Date |
---|---|
£170,000 | 3 Dec 2014 |
£155,000 | 19 May 2006 |
£140,995 | 8 Aug 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 December 2014 the House Price Index for PORTSMOUTH was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £170,000 results in an estimated price of approximately £255,433.
3 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £170,000 | £85,433 | £255,433 |
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 | 62.715 % | £106,616 | £276,616 |
3 Month Average | 31.075 % | £52,828 | £222,828 |
6 Month Average | 21.546 % | £36,627 | £206,627 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £293,000 | £293,000 | 5 FLORENCE ROAD |
15 Dec 2023 | £149,597 | £145,000 | FLAT 3 TUDOR COURT FLORENCE ROAD |
29 Sep 2023 | £797,582 | £780,000 | 3 FLORENCE ROAD |
27 Mar 2023 | £170,853 | £168,000 | FLAT 12 TUDOR COURT FLORENCE ROAD |
1 Mar 2023 | £162,717 | £160,000 | FLAT 201 MEDFORD HOUSE CLARENDON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 19 Aug 2014. Using an estimated price of £255,434 means this house is valued at £4,730 per sq meter (£439 per sq foot).
The average size of a house on FLORENCE ROAD is 63 sq meters (684 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Malvern Road |
Aug 2024 | Public order | Further investigation is not in the public interest | On or near Malvern Road |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Malvern Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Onslow Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarendon Road |