£279,034
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Sep 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 |
|---|---|
| £235,000 | 4 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2020 the House Price Index for PORTSMOUTH was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £235,000 results in an estimated price of approximately £279,034.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £235,000 | £44,034 | £279,034 |
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 | -23.677 % | £-55,640 | £179,359 |
| 3 Month Average | 6.856 % | £16,112 | £251,112 |
| 6 Month Average | 11.437 % | £26,875 | £261,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £280,000 | £280,000 | 46 SOUTHBOURNE AVENUE |
| 15 Dec 2023 | £305,346 | £300,003 | 31 SOUTHBOURNE AVENUE |
| 8 Sep 2023 | £332,248 | £328,000 | 20 LORDINGTON CLOSE |
| 7 Jul 2023 | £430,798 | £425,000 | 40 DYSART AVENUE |
| 23 Mar 2023 | £282,663 | £280,000 | 4 LORDINGTON CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Nov 2019. Using an estimated price of £279,035 means this house is valued at £3,822 per sq meter (£355 per sq foot).
The average size of a house on SOUTHBOURNE AVENUE is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southbourne Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southbourne Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southbourne Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dysart Avenue |