£1,072,404
This estimated value is based upon the latest sale price for the house of £175,000 on 16 Aug 2024. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
There have been two burglaries within the last year on or near Shopping Area
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Price Paid | Date |
---|---|
£175,000 | 16 Aug 2024 |
Flats/Maisonettes |
Leasehold |
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 August 2024 the House Price Index for PORTSMOUTH was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £175,000 results in an estimated price of approximately £1,072,404.
16 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £175,000 | £897,404 | £1,072,404 |
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 | 3.241 % | £5,671 | £180,671 |
3 Month Average | 19.418 % | £33,981 | £208,981 |
6 Month Average | -2.441 % | £-4,272 | £170,727 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2024 | £175,000 | £175,000 | FLAT 6 CLARENDON HOUSE, 10 - 12 CLARENDON ROAD |
18 Aug 2023 | £330,969 | £325,000 | 15B STANLEY STREET |
6 Jun 2023 | £163,272 | £160,000 | FLAT 2 HOWARD LODGE, 14 CLARENDON ROAD |
6 Apr 2023 | £356,671 | £350,000 | 79A PALMERSTON ROAD |
3 Mar 2023 | £264,416 | £260,000 | FLAT 6 HOWARD LODGE, 14 CLARENDON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Shopping Area |
Oct 2024 | Burglary | Under investigation | On or near Shopping Area |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Oct 2024 | Drugs | Under investigation | On or near Shopping Area |