£157,503
This estimated value is based upon the latest sale price for the house of £128,000 on 28 Jun 2019. 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 |
|---|---|
| £128,000 | 28 Jun 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2019 the House Price Index for PORTSMOUTH was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £128,000 results in an estimated price of approximately £157,503.
| 28 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £128,000 | £29,503 | £157,503 |
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 | -6.467 % | £-8,277 | £119,722 |
| 3 Month Average | 13.536 % | £17,326 | £145,326 |
| 6 Month Average | 14.046 % | £17,978 | £145,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £178,375 | £175,000 | FLAT 4 HILSEA HEIGHTS, 165 HILSEA CRESCENT |
| 25 Aug 2023 | £304,693 | £302,840 | 90 HORSEA ROAD |
| 11 Aug 2023 | £246,499 | £245,000 | 20 HORSEA ROAD |
| 1 Feb 2023 | £165,219 | £166,000 | 543 NORTHERN PARADE |
| 1 Aug 2022 | £357,584 | £360,000 | 12 NORTHWOOD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Jun 2012. Using an estimated price of £157,504 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on NORTHERN PARADE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Portswood Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Fawley Road |
| Apr 2024 | Anti-social behaviour | On or near Fawley Road | |
| Apr 2024 | Public order | Under investigation | On or near Fawley Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Fawley Road |