£260,984
This estimated value is based upon the latest sale price for the house of £92,500 on 16 Jul 2002. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£92,500 | 16 Jul 2002 |
£46,000 | 13 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 2002 the House Price Index for PORTSMOUTH was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £92,500 results in an estimated price of approximately £260,984.
16 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £92,500 | £168,484 | £260,984 |
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 | 70.252 % | £64,982 | £157,482 |
3 Month Average | 76.224 % | £70,507 | £163,007 |
6 Month Average | 114.309 % | £105,735 | £198,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £244,575 | £240,000 | FLAT A AQUITAINE HOUSE, 2 GRAND PARADE |
9 Sep 2022 | £829,446 | £830,000 | 80 HIGH STREET |
2 Aug 2022 | £199,684 | £198,750 | 20 FONTENOY HOUSE GRAND PARADE |
28 Jul 2022 | £565,668 | £560,000 | 7 OYSTER STREET |
4 Mar 2022 | £223,402 | £214,000 | FLAT 1 FOUNTAIN COURT, 55 HIGH STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 1 Oct 2012. Using an estimated price of £260,985 means this house is valued at £5,931 per sq meter (£551 per sq foot).
The average size of a house on OYSTER STREET is 83 sq meters (895 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Oyster Street |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Grand Parade |
Apr 2024 | Anti-social behaviour | On or near Grand Parade | |
Apr 2024 | Anti-social behaviour | On or near Grand Parade | |
Apr 2024 | Anti-social behaviour | On or near Grand Parade |