£296,816
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
Price Paid | Date |
---|---|
£175,000 | 15 Jun 2012 |
£175,000 | 20 May 2010 |
£165,000 | 10 Jun 2005 |
£88,000 | 14 Dec 2001 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2012 the House Price Index for PORTSMOUTH was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £175,000 results in an estimated price of approximately £296,816.
15 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £175,000 | £121,816 | £296,816 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | 58.631 % | £102,604 | £277,604 |
3 Month Average | 31.350 % | £54,862 | £229,862 |
6 Month Average | 49.761 % | £87,081 | £262,081 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £248,173 | £245,000 | 11 WHITE CLOUD PARK |
11 Aug 2023 | £302,648 | £300,000 | 216 HASLEMERE ROAD |
7 Jun 2023 | £268,249 | £265,000 | 8 ST ANNS ROAD |
20 Apr 2023 | £239,580 | £237,000 | 208 HASLEMERE ROAD |
5 Apr 2023 | £242,612 | £240,000 | 6 WHITE CLOUD PARK |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Apr 2012. Using an estimated price of £296,816 means this house is valued at £4,301 per sq meter (£399 per sq foot).
The average size of a house on HIGHLAND TERRACE is 76 sq meters (819 sq feet).