£264,017
This estimated value is based upon the latest sale price for the house of £246,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
Get our free house price tracker.
One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
| Price Paid | Date |
|---|---|
| £246,000 | 3 Sep 2021 |
| £190,000 | 27 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2021 the House Price Index for PORTSMOUTH was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £246,000 results in an estimated price of approximately £264,017.
| 3 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £246,000 | £18,017 | £264,017 |
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 | -13.951 % | £-34,319 | £211,680 |
| 3 Month Average | 0.668 % | £1,642 | £247,642 |
| 6 Month Average | 2.005 % | £4,933 | £250,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £265,014 | £260,000 | 12 NEWNEY CLOSE |
| 10 Mar 2023 | £289,062 | £287,500 | 12 WHITECROSS GARDENS |
| 21 Sep 2021 | £279,043 | £260,000 | 13 BALDERTON CLOSE |
| 3 Sep 2021 | £264,017 | £246,000 | 64 THE RIDINGS |
| 25 Jun 2021 | £315,235 | £295,000 | 7 BALDERTON CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 May 2015. Using an estimated price of £264,017 means this house is valued at £3,428 per sq meter (£318 per sq foot).
The average size of a house on THE RIDINGS is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitecross Gardens |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Balderton Close |
| Apr 2024 | Anti-social behaviour | On or near Oldgate Gardens | |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oldgate Gardens |
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Oldgate Gardens |