£174,356
This estimated value is based upon the latest sale price for the house of £146,000 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £146,000 | 27 Aug 2020 |
| £122,500 | 14 Aug 2014 |
| £55,950 | 16 Jun 2000 |
| 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 August 2020 the House Price Index for PORTSMOUTH was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £146,000 results in an estimated price of approximately £174,356.
| 27 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £146,000 | £28,356 | £174,356 |
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 | -26.530 % | £-38,733 | £107,266 |
| 3 Month Average | 12.036 % | £17,572 | £163,572 |
| 6 Month Average | 5.270 % | £7,694 | £153,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £352,621 | £350,000 | 79A PALMERSTON ROAD |
| 3 Mar 2023 | £249,348 | £248,000 | FLAT 8 PALM COURT, 87 PALMERSTON ROAD |
| 28 Feb 2023 | £189,106 | £190,000 | FLAT 12 HAMILTON COURT ASHBY PLACE |
| 16 Aug 2022 | £151,477 | £152,500 | FLAT 23 HAMILTON COURT ASHBY PLACE |
| 27 Jun 2022 | £147,495 | £146,000 | FLAT 1 97B PALMERSTON ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 14 Feb 2020. Using an estimated price of £174,357 means this house is valued at £4,151 per sq meter (£385 per sq foot).
The average size of a house on ASHBY PLACE is 57 sq meters (617 sq feet).