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Property details for 17, Palmerston Mansions, Palmerston Road, Southsea PO5 3QJ

Flat, Leasehold, 3 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £218,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £218,000
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  • Value change
    1,650 (0.8%) 4,250 (2.0%) 18,750 (9.4%) 22,600 (11.6%) 38,200 (21.2%) 53,700 (32.6%) 50,450 (30.0%)  
    from 
  • Rental value
    £950 pcm
  • Confidence level
    93
  • Value range
    £208,000 - £228,000
  • Rental range
    £900 - £1,000 pcm

Monthly running costs Beta

£719 Monthly total
Remortgage
Property value
Loan amount (60%) 130,800
Repayment term 25
Interest rate 0.5
Your payment £463 /mo Find remortgage deals In partnership with uSwitch
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas £42 Electricity £43 Estimated energy cost £85/mo (£1,024/yr)

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 10600 kWh/year
Electricity: 3300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Portsmouth

Estimated tax band C Council tax cost £124 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £31 Estimated water cost £47 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £113,600 | Sale date: 18th Nov 2011 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £160,000 | Sale date: 3rd Sep 2007
Property type: Flat | Tenure: Leasehold | Previous sale: £120,000 | Sale date: 8th Aug 2003

This 3 bed leasehold flat is located at Palmerston Mansions, Palmerston Road, Southsea PO5 3QJ and has an estimated current value of £218,000. Palmerston Road has 132 houses and flats on it with a average current value of £183,223, compared to an an average property value of £228,997 for PO5. There have been 14 property sales on Palmerston Road, PO5 over the last 5 years with an average house price paid of £135,463 and this flat was last sold on 18th Nov 2011 for £113,600. There are currently 145 houses and flats to buy in PO5 with an average asking price of £222,199 and 415 homes to rent in PO5 with an average asking rent of £276 pw.

Owner info

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Market activity
Average price paid £205,483 Sales 369 Current average value £228,997 (Zoopla Zed-Index) Value change £11,691 ▲ 5.38%

What is the current average value of properties in PO5?

The current average value in PO5 in January 2017 is £228,997. This has increased 0.68% from October 2016. Terraced properties sold for a current average value of £271,899 and semi-detached properties valued £414,784. In the past year property prices in PO5 have increased 5.38%. This is according to the current Zoopla estimates.

Property value data/graphs for PO5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £559,373 £261 4.6 £593,750
Semi-detached £414,784 £291 4.2 £409,247
Terraced £271,899 £259 3.3 £247,720
Flats £166,182 £280 1.9 £153,399

Current asking prices in PO5

Average: £221,488
Avg. current asking prices in PO5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £102,513
(18)
£158,582
(6)
£271,569
(13)
£454,999
(9)
£544,166
(9)
Flats £110,557
(53)
£186,563
(38)
£238,749
(8)
- -
All £108,518
(71)
£182,747
(44)
£259,066
(21)
£454,999
(9)
£544,166
(9)

Current asking rents in PO5

Average: £1,202 pcm
Avg. current asking prices in PO5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £423 pcm
(31)
£837 pcm
(9)
£1,091 pcm
(17)
£1,421 pcm
(66)
£1,890 pcm
(48)
Flats £562 pcm
(74)
£848 pcm
(64)
£1,120 pcm
(25)
£1,460 pcm
(26)
£1,845 pcm
(6)
All £521 pcm
(105)
£847 pcm
(73)
£1,109 pcm
(42)
£1,432 pcm
(92)
£1,885 pcm
(54)

Fun facts for PO5

Highest value in PO5
Highest value streets Zed-Index
Lorne Road £497,725
St. Edwards Road £491,949
Queen's Grove £479,462
Garden Lane £469,902
Livingstone Road £442,502
Highest turnover in PO5
Highest turnover streets Turnover
St. Vincents Road 46.2%
The Retreat 36.4%
Clifton Terrace 36.4%
Lorne Road 33.3%
Bush Street East 33.3%

What Zoopla users think of Southsea

Overall rating:

  • currently 4.5 stars
Very good - 89% (121 ratings)

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