£348,928
This estimated value is based upon the latest sale price for the house of £291,000 on 13 Aug 2020. 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 |
---|---|
£291,000 | 13 Aug 2020 |
£285,000 | 4 Jan 2018 |
£249,995 | 29 Jan 2016 |
Semi-Detached |
Leasehold |
Floor Area: 84 sq meters or 904 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 August 2020 the House Price Index for PORTSMOUTH was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £291,000 results in an estimated price of approximately £348,928.
13 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £291,000 | £57,928 | £348,928 |
The Postcode Pricing Model uses changes in average sales price within the PO6 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 | -19.155 % | £-55,740 | £235,259 |
3 Month Average | 12.684 % | £36,909 | £327,909 |
6 Month Average | 19.173 % | £55,794 | £346,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £476,087 | £470,000 | 13 HIRST ROAD |
14 Jul 2022 | £505,360 | £504,000 | 2 EDISON SPUR |
4 Mar 2022 | £347,148 | £335,000 | 143 LOWER DRAYTON LANE |
18 Feb 2022 | £367,043 | £350,000 | 124 LOWER DRAYTON LANE |
7 Jan 2022 | £331,509 | £315,000 | 26 TESLA DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Dec 2015. Using an estimated price of £348,928 means this house is valued at £4,153 per sq meter (£385 per sq foot).
The average size of a house on LOWER DRAYTON LANE is 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tesla Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Merz Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Merz Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Merz Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Merz Close |