£414,975
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Sep 2017. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£325,000 | 27 Sep 2017 |
£265,000 | 2 Sep 2013 |
£287,000 | 21 Jan 2008 |
£226,000 | 23 Apr 2001 |
£127,500 | 31 Oct 1996 |
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 September 2017 the House Price Index for PORTSMOUTH was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £325,000 results in an estimated price of approximately £414,975.
27 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £325,000 | £89,975 | £414,975 |
The Postcode Pricing Model uses changes in average sales price within the PO6 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 | 17.218 % | £55,957 | £380,957 |
3 Month Average | 13.266 % | £43,113 | £368,113 |
6 Month Average | 28.617 % | £93,005 | £418,005 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £354,633 | £348,000 | 1 COVERACK WAY |
10 Feb 2023 | £291,950 | £290,000 | FLAT 135 OYSTER QUAY PORT WAY |
31 Jan 2023 | £511,366 | £510,000 | 16 COVERACK WAY |
6 Jan 2023 | £340,911 | £340,000 | FLAT 140 OYSTER QUAY PORT WAY |
26 Oct 2022 | £189,368 | £190,000 | FLAT 111 OYSTER QUAY PORT WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coverack Way |
Jul 2024 | Other theft | Under investigation | On or near Coverack Way |
Jul 2024 | Vehicle crime | Under investigation | On or near Coverack Way |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coverack Way |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mullion Close |