£277,347
This estimated value is based upon the latest sale price for the house of £220,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
There has been one burglary within the last year on or near Specks Lane
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
| Price Paid | Date |
|---|---|
| £220,000 | 3 Nov 2017 |
| £70,000 | 11 Jul 2014 |
| £65,000 | 6 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2017 the House Price Index for PORTSMOUTH was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £220,000 results in an estimated price of approximately £277,347.
| 3 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £220,000 | £57,347 | £277,347 |
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 | 5.444 % | £11,976 | £231,976 |
| 3 Month Average | 16.582 % | £36,481 | £256,481 |
| 6 Month Average | 11.498 % | £25,295 | £245,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £234,552 | £232,500 | 7 VERNON AVENUE |
| 28 Jun 2023 | £332,022 | £328,000 | 9 ALVERSTONE ROAD |
| 22 Mar 2022 | £113,989 | £110,000 | 61 SUMMERSON LODGE, 94 ALVERSTONE ROAD |
| 18 Mar 2022 | £207,252 | £200,000 | 55 ALVERSTONE ROAD |
| 21 Jan 2022 | £290,465 | £276,000 | 6 ALVERSTONE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 8 Jun 2017. Using an estimated price of £277,347 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on ALVERSTONE ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Specks Lane |
| Mar 2024 | Anti-social behaviour | On or near Specks Lane | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Specks Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Specks Lane |
| Dec 2023 | Other theft | Under investigation | On or near Specks Lane |