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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: £215,000

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Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £215,000
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  • Value change
    100 (-0.0%) 1,750 (0.8%) 8,400 (4.1%) 18,950 (9.7%) 31,650 (17.3%) 47,950 (28.7%) 57,750 (36.7%)  
    from 
  • Rental value
    £850 pcm
  • Confidence level
    93
  • Value range
    £205,000 - £225,000
  • Rental range
    £800 - £950 pcm

Monthly running costs Beta

£786 Monthly total

Remortgage

Property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

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 of 1.5%.

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 £40 Estimated energy cost £74/mo (£889/yr)

Similar properties could save up to £184

How Much Could I Save? In partnership with uSwitch
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 £134 /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 £215,000. Eastern Parade, PO4 has 121 houses and flats on it with a current average value of £483,780, compared to an average property value of £249,675 for PO4. There have been 26 property sales on Eastern Parade over the last 5 years with an average sold house price of £351,095 and this flat was last sold on 12th Sep 2012 for £160,000. There are currently 257 properties for sale in PO4 with an average asking price of £264,830 and 325 houses and flats to rent in PO4 with an average asking rent of £285 pw.

Back to Eastern Parade results

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Market activity
Average price paid £241,579 Sales 603 Current average value £249,675 (Zoopla Zed-Index) Value change £10,180 ▲ 4.25%

Property value data/graphs for PO4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £608,345 £315 4.2 £565,768
Semi-detached £356,207 £291 3.5 £351,620
Terraced £240,680 £270 2.9 £237,823
Flats £200,364 £292 1.9 £176,485

Current asking prices in PO4

Average: £264,829
Avg. current asking prices in PO4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £154,361
(4)
£175,482
(36)
£241,726
(70)
£369,447
(20)
£304,642
(14)
Flats £216,436
(51)
£293,458
(48)
£228,325
(6)
£259,995
(1)
-
All £211,922
(55)
£242,897
(84)
£240,668
(76)
£364,235
(21)
£304,642
(14)

Current asking rents in PO4

Average: £1,235 pcm
Avg. current asking prices in PO4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £443 pcm
(17)
£797 pcm
(27)
£953 pcm
(28)
£1,311 pcm
(76)
£1,737 pcm
(59)
Flats £544 pcm
(52)
£870 pcm
(28)
£877 pcm
(6)
£1,344 pcm
(4)
£1,784 pcm
(3)
All £519 pcm
(69)
£834 pcm
(55)
£939 pcm
(34)
£1,313 pcm
(80)
£1,739 pcm
(62)

Fun facts for PO4

Highest value in PO4
Highest value streets Zed-Index
Cousins Grove £796,322
Driftwood Gardens £786,443
Spencer Road £670,423
St. Helens Close £650,253
Marion Road £635,157
Highest turnover in PO4
Highest turnover streets Turnover
Highland Terrace 52.6%
Perth Road 50.0%
Hopkins Court 50.0%
Wyndcliffe Road 46.7%
Skylark Court 45.5%

What Zoopla users think of Southsea

Overall rating:

  • currently 4.5 stars
Very good - 88% (139 ratings)

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