£761,171
This estimated value is based upon the latest sale price for the house of £755,000 on 20 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Penny Lane
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
| Price Paid | Date |
|---|---|
| £755,000 | 20 Jun 2023 |
| £325,000 | 1 May 2015 |
| £169,000 | 28 Feb 2001 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2023 the House Price Index for WEST SUSSEX was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £755,000 results in an estimated price of approximately £761,171.
| 20 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £755,000 | £6,171 | £761,171 |
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 | -30.302 % | £-228,779 | £526,220 |
| 3 Month Average | -13.617 % | £-102,804 | £652,195 |
| 6 Month Average | -0.276 % | £-2,085 | £752,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £412,509 | £410,000 | 35 GORDON ROAD |
| 7 Aug 2023 | £4,226 | £4,200 | 27 GORDON ROAD |
| 20 Jun 2023 | £761,172 | £755,000 | 4 PENNY LANE |
| 23 Mar 2023 | £422,283 | £420,000 | 27A GORDON ROAD |
| 28 Oct 2022 | £1,231,691 | £1,250,000 | WAYSIDE, 139 MAIN ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 17 Oct 2014. Using an estimated price of £761,172 means this house is valued at £10,571 per sq meter (£982 per sq foot).
The average size of a house on PENNY LANE is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Penny Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Penny Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southbourne Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Tuppenny Lane |
| Apr 2024 | Burglary | Under investigation | On or near Tuppenny Lane |