£252,721
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Apr 2023. 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 |
|---|---|
| £250,000 | 5 Apr 2023 |
| £122,500 | 13 Aug 2004 |
| £84,000 | 12 Apr 2002 |
| £76,000 | 10 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2023 the House Price Index for PORTSMOUTH was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £250,000 results in an estimated price of approximately £252,721.
| 5 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £250,000 | £2,721 | £252,721 |
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 | -6.705 % | £-16,762 | £233,237 |
| 3 Month Average | -16.705 % | £-41,763 | £208,236 |
| 6 Month Average | -7.007 % | £-17,517 | £232,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £154,284 | £152,000 | FLAT 21 COVINDALE HOUSE PEDAM CLOSE |
| 25 Aug 2023 | £80,706 | £80,000 | FLAT 3 COVINDALE HOUSE PEDAM CLOSE |
| 1 Aug 2023 | £252,206 | £250,000 | 137 METHUEN ROAD |
| 23 Jun 2023 | £189,799 | £187,500 | 2 THE ARTS CENTRE, 135 REGINALD ROAD |
| 5 Apr 2023 | £252,721 | £250,000 | 112 METHUEN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Aug 2019. Using an estimated price of £252,721 means this house is valued at £3,610 per sq meter (£335 per sq foot).
The average size of a house on METHUEN ROAD is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Pedam Close |
| Apr 2024 | Public order | Under investigation | On or near Pedam Close |
| Apr 2024 | Public order | Under investigation | On or near Pedam Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pedam Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pedam Close |