£420,290
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Sep 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Penny Lane
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
| Price Paid | Date |
|---|---|
| £250,000 | 27 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST SUSSEX to estimate the market value.
When this house was purchased in September 2012 the House Price Index for WEST SUSSEX was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.116%.Applying this 68.116% change to the original purchase price of £250,000 results in an estimated price of approximately £420,290.
| 27 Sep 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.116 % | £250,000 | £170,290 | £420,290 |
The Postcode Pricing Model uses changes in average sales price within the PO10 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 | 15.722 % | £39,304 | £289,304 |
| 3 Month Average | 24.594 % | £61,483 | £311,483 |
| 6 Month Average | 49.980 % | £124,949 | £374,949 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Sep 2012.
The average size of a house on PENNY LANE is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Penny Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Penny Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penny Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southbourne Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Apple Grove |