£411,266
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Oct 2004. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £215,000 | 11 Oct 2004 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in October 2004 the House Price Index for KENT was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £215,000 results in an estimated price of approximately £411,266.
| 11 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £215,000 | £196,266 | £411,266 |
The Postcode Pricing Model uses changes in average sales price within the ME12 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 | 161.540 % | £347,310 | £562,310 |
| 3 Month Average | 122.639 % | £263,672 | £478,672 |
| 6 Month Average | 101.663 % | £218,575 | £433,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £300,000 | £300,000 | 54 AUGUSTINE ROAD |
| 18 Dec 2023 | £500,376 | £485,000 | JUSTEM AUGUSTINE ROAD |
| 24 Nov 2023 | £484,806 | £472,500 | 68A SCARBOROUGH DRIVE |
| 22 Nov 2023 | £646,408 | £630,000 | 41A SEASIDE AVENUE |
| 22 Jun 2023 | £668,395 | £655,000 | 23 THE LEAS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southsea Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Southsea Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Southsea Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Minster Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Leas |