£262,561
This estimated value is based upon the latest sale price for the house of £151,500 on 22 Jun 2011. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £151,500 | 22 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 866 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 June 2011 the House Price Index for PORTSMOUTH was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £151,500 results in an estimated price of approximately £262,561.
| 22 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £151,500 | £111,061 | £262,561 |
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 | 183.359 % | £277,788 | £429,288 |
| 3 Month Average | 81.768 % | £123,878 | £275,378 |
| 6 Month Average | 66.239 % | £100,352 | £251,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £114,191 | £112,500 | 6 PENNANT HOUSE CROSS STREET |
| 7 Jul 2023 | £268,615 | £265,000 | 13 PENNANT HOUSE CROSS STREET |
| 29 Jul 2022 | £240,648 | £240,000 | 12 PENNANT HOUSE CROSS STREET |
| 8 Apr 2022 | £216,258 | £210,000 | 31 PENNANT HOUSE CROSS STREET |
| 15 Oct 2021 | £110,648 | £100,000 | 84 PENNANT HOUSE PRINCE GEORGE STREET |
This house has a floor area of 80 sq meters or 866 sq feet when measured on 17 Mar 2011. Using an estimated price of £262,561 means this house is valued at £3,260 per sq meter (£302 per sq foot).
The average size of a house on KING WILLIAM STREET is 90 sq meters (972 sq feet).