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Property details for Flat 16, Gannet House, 5 Eastern Parade, Southsea PO4 9RA

Flat, Leasehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £212,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £212,000
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  • Value change
    7,900 (3.9%) 11,850 (5.9%) 17,900 (9.2%) 24,450 (13.0%) 41,450 (24.3%) 50,700 (31.5%) 52,450 (32.9%)  
    from 
  • Rental value
    £850 pcm
  • Confidence level
    94
  • Value range
    £203,000 - £221,000
  • Rental range
    £800 - £900 pcm

Monthly running costs Beta

£707 Monthly total
Remortgage
Property value
Loan amount (60%) 127,200
Repayment term 25
Interest rate 0.5
Your payment £451 /mo Find remortgage deals In partnership with
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.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £24/mo (£291/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £34 Electricity £35 Estimated energy cost £69/mo (£823/yr)

Reduce your energy costs by up to £145/year

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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: 8200 kWh/year
Electricity: 2600 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 £13 Sewerage £26 Estimated water cost £39 /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: £160,000 | Sale date: 12th Sep 2012

This 2 bed leasehold flat is located at Gannet House, 5 Eastern Parade, Southsea PO4 9RA and has an estimated current value of £212,000. Eastern Parade, PO4 has 121 houses and flats on it with a current average value of £468,386, compared to an average property value of £237,610 for PO4. There have been 28 property sales on Eastern Parade over the last 5 years with an average sold house price of £275,267 and this flat was last sold on 12th Sep 2012 for £160,000. There are currently 144 properties for sale in PO4 with an average asking price of £265,188 and 303 houses and flats to rent in PO4 with an average asking rent of £309 pw.

Owner info

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Market activity
Average price paid £213,173 Sales 667 Current average value £237,610 (Zoopla Zed-Index) Value change £17,096 ▲ 7.75%

What is the current average value of properties in PO4?

The current average value in PO4 in December 2016 is £237,610. This has increased 3.32% from September 2016. Terraced properties sold for a current average value of £227,921 and semi-detached properties valued £344,539. In the past year property prices in PO4 have increased 7.75%. This is according to the current Zoopla estimates.

Property value data/graphs for PO4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £587,149 £306 4.2 £511,944
Semi-detached £344,539 £278 3.5 £306,816
Terraced £227,921 £258 2.9 £216,042
Flats £194,924 £286 1.9 £160,558

Current asking prices in PO4

Average: £267,836
Avg. current asking prices in PO4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £141,000
(3)
£212,906
(22)
£258,194
(42)
£415,455
(11)
£494,999
(6)
Flats £135,946
(21)
£252,306
(30)
£307,498
(2)
- -
All £136,578
(24)
£235,637
(52)
£260,435
(44)
£415,455
(11)
£494,999
(6)

Current asking rents in PO4

Average: £1,336 pcm
Avg. current asking prices in PO4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £562 pcm
(13)
£810 pcm
(26)
£1,051 pcm
(26)
£1,361 pcm
(81)
£1,795 pcm
(55)
Flats £507 pcm
(24)
£903 pcm
(34)
£1,179 pcm
(16)
£1,522 pcm
(7)
£1,751 pcm
(2)
All £526 pcm
(37)
£863 pcm
(60)
£1,100 pcm
(42)
£1,374 pcm
(88)
£1,794 pcm
(57)

Fun facts for PO4

Highest value in PO4
Highest value streets Zed-Index
Cousins Grove £786,145
Driftwood Gardens £760,539
Spencer Road £662,540
St. Helens Close £629,910
Marion Road £593,760
Highest turnover in PO4
Highest turnover streets Turnover
Hopkins Court 50.0%
Highland Terrace 47.4%
Perth Road 47.1%
St. Anns Road 40.9%
Cousins Grove 40.9%

What Zoopla users think of Southsea

Overall rating:

  • currently 4.5 stars
Very good - 89% (116 ratings)

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