£468,127
This estimated value is based upon the latest sale price for the house of £465,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
Price Paid | Date |
---|---|
£465,000 | 24 Feb 2023 |
£350,000 | 5 Apr 2016 |
£247,500 | 11 Dec 2003 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,340 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in February 2023 the House Price Index for HAMPSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £465,000 results in an estimated price of approximately £468,127.
24 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £465,000 | £3,127 | £468,127 |
The Postcode Pricing Model uses changes in average sales price within the PO11 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 | -3.035 % | £-14,112 | £450,887 |
3 Month Average | -1.893 % | £-8,801 | £456,198 |
6 Month Average | -3.135 % | £-14,575 | £450,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2023 | £594,935 | £585,000 | 23 TOURNERBURY LANE |
24 Feb 2023 | £468,127 | £465,000 | 18 LABURNUM GROVE |
20 Jul 2022 | £407,079 | £403,000 | 23 LABURNUM GROVE |
13 May 2022 | £390,165 | £380,000 | 13 LABURNUM GROVE |
24 Sep 2021 | £347,382 | £320,000 | 3 SHUTE CLOSE |
This house has a floor area of 124 sq meters or 1,340 sq feet when measured on 7 May 2010. Using an estimated price of £468,127 means this house is valued at £3,759 per sq meter (£349 per sq foot).
The average size of a house on LABURNUM GROVE is 109 sq meters (1,176 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Laburnum Grove |