£1,278,008
This estimated value is based upon the latest sale price for the house of £696,000 on 14 Jul 2009. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £696,000 | 14 Jul 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 117 sq meters or 1,267 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 July 2009 the House Price Index for PORTSMOUTH was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £696,000 results in an estimated price of approximately £1,278,008.
| 14 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £696,000 | £582,008 | £1,278,008 |
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 | 21.524 % | £149,809 | £845,809 |
| 3 Month Average | 21.870 % | £152,216 | £848,216 |
| 6 Month Average | 47.964 % | £333,832 | £1,029,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £382,669 | £375,000 | 3 SEAGERS COURT |
| 28 Mar 2023 | £442,388 | £435,000 | FLAT 4 SPICE ISLAND HOUSE, 11 BROAD STREET |
| 6 Feb 2023 | £699,674 | £695,000 | 33 BROAD STREET |
| 13 Jan 2023 | £1,052,813 | £1,050,000 | FLAT 5 & 6 TOWER HOUSE TOWER STREET |
| 10 Nov 2022 | £5,972 | £6,000 | STORE AT SEAGERS COURT |
This house has a floor area of 117 sq meters or 1,267 sq feet when measured on 17 Jul 2009. Using an estimated price of £1,278,009 means this house is valued at £10,850 per sq meter (£1,008 per sq foot).
The average size of a house on BROAD STREET is 118 sq meters (1,278 sq feet).