£561,728
This estimated value is based upon the latest sale price for the house of £475,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
| Price Paid | Date |
|---|---|
| £475,000 | 4 Sep 2020 |
| £250,000 | 16 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2020 the House Price Index for WEST SUSSEX was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £475,000 results in an estimated price of approximately £561,728.
| 4 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £475,000 | £86,728 | £561,728 |
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 | -54.349 % | £-258,158 | £216,841 |
| 3 Month Average | 8.046 % | £38,217 | £513,217 |
| 6 Month Average | 23.489 % | £111,573 | £586,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £471,593 | £470,000 | 3 SECOND AVENUE |
| 14 Dec 2023 | £490,785 | £481,500 | THE CEDARS, 34 FIRST AVENUE |
| 8 Dec 2023 | £438,292 | £430,000 | 10 THE RETREAT STEIN ROAD |
| 3 Nov 2023 | £536,893 | £530,000 | 8 THE RETREAT STEIN ROAD |
| 4 Apr 2023 | £423,145 | £420,000 | 1 THE RETREAT STEIN ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 22 May 2020. Using an estimated price of £561,729 means this house is valued at £5,401 per sq meter (£501 per sq foot).
The average size of a house on THE DRIVE is 124 sq meters (1,344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Longlands Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Longlands Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Longlands Road |