£200,640
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Oct 2021. 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 |
|---|---|
| £180,000 | 20 Oct 2021 |
| £144,000 | 7 Nov 2016 |
| £130,000 | 11 Jul 2008 |
| £93,500 | 1 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 October 2021 the House Price Index for PORTSMOUTH was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £180,000 results in an estimated price of approximately £200,640.
| 20 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £180,000 | £20,640 | £200,640 |
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 | 35.902 % | £64,624 | £244,624 |
| 3 Month Average | 16.878 % | £30,380 | £210,380 |
| 6 Month Average | 5.077 % | £9,138 | £189,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £176,937 | £171,500 | 48 ROWAN COURT |
| 25 Aug 2023 | £157,847 | £155,000 | 58 ROWAN COURT |
| 20 Oct 2021 | £200,640 | £180,000 | 44 ROWAN COURT |
| 1 Oct 2021 | £182,806 | £164,000 | 61 ROWAN COURT |
| 24 Sep 2021 | £284,962 | £262,500 | 23 GRAYSHOTT ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Jun 2016. Using an estimated price of £200,640 means this house is valued at £2,994 per sq meter (£278 per sq foot).
The average size of a house on ROWAN COURT is 54 sq meters (584 sq feet).