£271,348
This estimated value is based upon the latest sale price for the house of £235,000 on 9 Nov 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 |
|---|---|
| £235,000 | 9 Nov 2020 |
| £166,500 | 19 Sep 2014 |
| £155,000 | 31 Oct 2012 |
| £167,500 | 7 Jul 2006 |
| £120,000 | 4 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2020 the House Price Index for PORTSMOUTH was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £235,000 results in an estimated price of approximately £271,348.
| 9 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £235,000 | £36,348 | £271,348 |
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 | 24.297 % | £57,098 | £292,098 |
| 3 Month Average | 0.493 % | £1,159 | £236,159 |
| 6 Month Average | 10.366 % | £24,360 | £259,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £243,000 | £243,000 | 1 WALLACE ROAD |
| 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 |
| 31 Aug 2022 | £290,040 | £292,000 | 9 WESTBOURNE ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Apr 2014. Using an estimated price of £271,348 means this house is valued at £2,740 per sq meter (£254 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 | 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 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Road |