£262,406
This estimated value is based upon the latest sale price for the house of £75,995 on 31 May 2001. 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 |
|---|---|
| £75,995 | 31 May 2001 |
| £66,000 | 24 May 2000 |
| £43,000 | 27 Sep 1999 |
| Terraced |
| Freehold |
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 May 2001 the House Price Index for PORTSMOUTH was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £75,995 results in an estimated price of approximately £262,406.
| 31 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £75,995 | £186,411 | £262,406 |
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 | 221.573 % | £168,384 | £244,379 |
| 3 Month Average | 203.927 % | £154,974 | £230,969 |
| 6 Month Average | 205.228 % | £155,962 | £231,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £155,959 | £152,000 | FLAT 21 COVINDALE HOUSE PEDAM CLOSE |
| 25 Aug 2023 | £81,469 | £80,000 | FLAT 3 COVINDALE HOUSE PEDAM CLOSE |
| 1 Aug 2023 | £254,592 | £250,000 | 137 METHUEN ROAD |
| 23 Jun 2023 | £191,334 | £187,500 | 2 THE ARTS CENTRE, 135 REGINALD ROAD |
| 5 Apr 2023 | £254,765 | £250,000 | 112 METHUEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Methuen Road | |
| Aug 2024 | Anti-social behaviour | On or near Methuen Road | |
| Aug 2024 | Anti-social behaviour | On or near Methuen Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pedam Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pedam Close |