£495,904
This estimated value is based upon the latest sale price for the house of £450,000 on 25 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 |
---|---|
£450,000 | 25 Oct 2021 |
£133,100 | 9 Nov 2014 |
£117,500 | 7 Apr 2006 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £450,000 results in an estimated price of approximately £495,904.
25 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.0 | 10.201 % | £450,000 | £45,904 | £495,904 |
The Postcode Pricing Model uses changes in average sales price within the PO1 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 | 88.504 % | £398,267 | £848,267 |
3 Month Average | 29.695 % | £133,628 | £583,628 |
6 Month Average | 16.366 % | £73,646 | £523,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £150,000 | £150,000 | FLAT 8 GLENCOE MEWS GLENCOE ROAD |
5 Apr 2024 | £192,523 | £192,523 | 86 HAMPSHIRE STREET |
23 Aug 2023 | £245,493 | £244,000 | 8 DURBAN ROAD |
14 Jul 2023 | £207,967 | £206,000 | 51 GLENCOE ROAD |
16 Jun 2023 | £247,003 | £245,000 | 104 HAMPSHIRE STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Jul 2013. Using an estimated price of £495,905 means this house is valued at £7,292 per sq meter (£677 per sq foot).
The average size of a house on GLENCOE ROAD is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glencoe Road |