£296,165
This estimated value is based upon the latest sale price for the house of £173,000 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £173,000 | 27 Jan 2012 |
| £200,000 | 19 Dec 2006 |
| £130,000 | 3 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 650 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 January 2012 the House Price Index for PORTSMOUTH was 86.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.194%.Applying this 71.194% change to the original purchase price of £173,000 results in an estimated price of approximately £296,165.
| 27 Jan 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.0 | 71.194 % | £173,000 | £123,165 | £296,165 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | 64.996 % | £112,442 | £285,442 |
| 3 Month Average | 38.238 % | £66,151 | £239,151 |
| 6 Month Average | 49.729 % | £86,030 | £259,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £653,388 | £645,000 | FLAT 3 BRAMSDON COURT, 1 EASTERN PARADE |
| 26 Aug 2022 | £255,275 | £257,000 | FLAT 3 JOCELYN COURT, 3 EASTERN PARADE |
| 24 Aug 2022 | £1,355,839 | £1,365,000 | 16 HELENA ROAD |
| 7 Jun 2022 | £144,464 | £143,000 | FLAT 11 FORT HOUSE, 7 EASTERN PARADE |
| 29 Mar 2022 | £278,661 | £270,000 | FLAT 9 JOCELYN COURT, 3 EASTERN PARADE |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 25 May 2010. Using an estimated price of £296,165 means this house is valued at £4,904 per sq meter (£455 per sq foot).
The average size of a house on EASTERN PARADE is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Helena Road |
| Mar 2024 | Drugs | Under investigation | On or near Helena Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Helena Road |
| Apr 2024 | Anti-social behaviour | On or near Bruce Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bruce Road |