£282,233
This estimated value is based upon the latest sale price for the house of £234,000 on 17 Jun 2020. 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 |
|---|---|
| £234,000 | 17 Jun 2020 |
| £146,995 | 6 Jan 2006 |
| £46,000 | 10 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2020 the House Price Index for PORTSMOUTH was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £234,000 results in an estimated price of approximately £282,233.
| 17 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £234,000 | £48,233 | £282,233 |
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 | -8.624 % | £-20,181 | £213,818 |
| 3 Month Average | 6.654 % | £15,571 | £249,571 |
| 6 Month Average | 7.643 % | £17,883 | £251,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £285,335 | £283,600 | 2 WALLACE ROAD |
| 4 Aug 2023 | £301,835 | £300,000 | 30 WALLACE ROAD |
| 28 Feb 2023 | £231,406 | £232,500 | 68 BEDHAMPTON ROAD |
| 14 Oct 2022 | £266,045 | £270,000 | 42 BEDHAMPTON ROAD |
| 3 Aug 2022 | £268,188 | £270,000 | 35 BEDHAMPTON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Nov 2019. Using an estimated price of £282,233 means this house is valued at £3,002 per sq meter (£278 per sq foot).
The average size of a house on WALLACE ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wallace Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wallace Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Road |