£255,763
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Mar 2022. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £245,000 | 2 Mar 2022 |
| £178,000 | 30 Mar 2016 |
| £140,000 | 3 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 March 2022 the House Price Index for PORTSMOUTH was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £245,000 results in an estimated price of approximately £255,763.
| 2 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £245,000 | £10,763 | £255,763 |
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 | -3.621 % | £-8,870 | £236,129 |
| 3 Month Average | -5.596 % | £-13,710 | £231,289 |
| 6 Month Average | -5.176 % | £-12,682 | £232,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £115,779 | £114,000 | 284A ARUNDEL STREET |
| 15 Nov 2023 | £254,459 | £248,000 | 268 ARUNDEL STREET |
| 29 Sep 2023 | £92,029 | £90,000 | 276 ARUNDEL STREET |
| 26 Sep 2023 | £135,998 | £133,000 | FLAT 2 UNICORN COURT, 158 FRATTON ROAD |
| 23 Jun 2023 | £132,658 | £130,000 | FLAT 3 UNICORN COURT, 158 FRATTON ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 28 Oct 2021. Using an estimated price of £255,764 means this house is valued at £2,283 per sq meter (£212 per sq foot).
The average size of a house on FRATTON ROAD is 69 sq meters (748 sq feet).