£104,986
This estimated value is based upon the latest sale price for the house of £44,000 on 12 May 2003. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £44,000 | 12 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 May 2003 the House Price Index for PORTSMOUTH was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £44,000 results in an estimated price of approximately £104,986.
| 12 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £44,000 | £60,986 | £104,986 |
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 | 82.633 % | £36,358 | £80,358 |
| 3 Month Average | 71.328 % | £31,384 | £75,384 |
| 6 Month Average | 114.346 % | £50,312 | £94,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £198,582 | £195,000 | 21 AGINCOURT ROAD |
| 29 Mar 2023 | £151,531 | £149,000 | 24 CAIRO TERRACE |
| 15 Mar 2023 | £148,480 | £146,000 | FLAT 18 TUPMAN HOUSE WINGFIELD STREET |
| 31 Jan 2023 | £155,415 | £155,000 | FLAT 16 TUPMAN HOUSE WINGFIELD STREET |
| 18 Nov 2022 | £124,418 | £125,000 | FLAT 33 BARKIS HOUSE BROWNLOW CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Mar 2014. Using an estimated price of £104,986 means this house is valued at £1,049 per sq meter (£97 per sq foot).
The average size of a house on WINGFIELD STREET is 92 sq meters (992 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).