£275,328
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Sep 2011. 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 |
---|---|
£160,000 | 27 Sep 2011 |
£65,000 | 2 Jan 1997 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,049 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 2011 the House Price Index for PORTSMOUTH was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.080%.Applying this 72.080% change to the original purchase price of £160,000 results in an estimated price of approximately £275,328.
27 Sep 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.0 | 72.080 % | £160,000 | £115,328 | £275,328 |
The Postcode Pricing Model uses changes in average sales price within the PO2 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 | 27.112 % | £43,378 | £203,378 |
3 Month Average | 50.990 % | £81,584 | £241,584 |
6 Month Average | 54.115 % | £86,583 | £246,583 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £238,500 | £238,500 | 24 BALFOUR ROAD |
10 Jul 2023 | £318,008 | £315,000 | 85 CHICHESTER ROAD |
26 Jan 2023 | £332,083 | £335,000 | 52 BALFOUR ROAD |
13 May 2022 | £243,621 | £240,000 | 51 BERESFORD ROAD |
4 Feb 2022 | £266,337 | £255,000 | 32 BALFOUR ROAD |
This house has a floor area of 97 sq meters or 1,049 sq feet when measured on 24 Nov 2010. Using an estimated price of £275,328 means this house is valued at £2,824 per sq meter (£262 per sq foot).
The average size of a house on BALFOUR ROAD is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Beresford Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Beresford Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Beresford Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Beresford Road |
Apr 2024 | Shoplifting | Under investigation | On or near Beaulieu Road |