£351,924
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Oct 2020. 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 |
|---|---|
| £300,000 | 15 Oct 2020 |
| £249,995 | 10 Feb 2015 |
| £160,000 | 5 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for PORTSMOUTH was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £300,000 results in an estimated price of approximately £351,924.
| 15 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £300,000 | £51,924 | £351,924 |
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 | -13.550 % | £-40,649 | £259,350 |
| 3 Month Average | 8.217 % | £24,649 | £324,649 |
| 6 Month Average | 9.820 % | £29,461 | £329,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £325,699 | £320,000 | 79 MERRIVALE ROAD |
| 30 Nov 2023 | £325,824 | £321,000 | 51 MERRIVALE ROAD |
| 19 Aug 2022 | £334,101 | £335,000 | 53 AMBERLEY ROAD |
| 17 Jun 2022 | £319,515 | £315,000 | 110 TORRINGTON ROAD |
| 17 May 2022 | £326,145 | £320,000 | 87 MERRIVALE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Jul 2014. Using an estimated price of £351,925 means this house is valued at £3,628 per sq meter (£337 per sq foot).
The average size of a house on MERRIVALE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Torrington Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Merrivale Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merrivale Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merrivale Road |