£284,961
This estimated value is based upon the latest sale price for the house of £262,500 on 24 Sep 2021. 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 |
|---|---|
| £262,500 | 24 Sep 2021 |
| £168,000 | 11 Aug 2004 |
| £125,000 | 22 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2021 the House Price Index for PORTSMOUTH was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £262,500 results in an estimated price of approximately £284,961.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £262,500 | £22,461 | £284,961 |
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 | 14.470 % | £37,982 | £300,482 |
| 3 Month Average | 14.109 % | £37,035 | £299,535 |
| 6 Month Average | 3.398 % | £8,919 | £271,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £330,145 | £320,000 | 18 BRAMSHOTT ROAD |
| 7 Feb 2023 | £218,963 | £217,500 | 5 BRAMSHOTT ROAD |
| 22 Jul 2022 | £277,783 | £275,000 | 22 GRAYSHOTT ROAD |
| 31 May 2022 | £261,821 | £255,000 | 42 BRAMSHOTT ROAD |
| 11 Feb 2022 | £285,243 | £270,000 | 39 BRAMSHOTT ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Nov 2013. Using an estimated price of £284,962 means this house is valued at £3,238 per sq meter (£300 per sq foot).
The average size of a house on GRAYSHOTT ROAD is 91 sq meters (981 sq feet).