£131,075
This estimated value is based upon the latest sale price for the house of £99,950 on 27 Sep 2016. 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 |
|---|---|
| £99,950 | 27 Sep 2016 |
| £117,000 | 12 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2016 the House Price Index for PORTSMOUTH was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £99,950 results in an estimated price of approximately £131,075.
| 27 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £99,950 | £31,125 | £131,075 |
The Postcode Pricing Model uses changes in average sales price within the PO3 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 | -12.779 % | £-12,772 | £87,177 |
| 3 Month Average | 11.266 % | £11,260 | £111,210 |
| 6 Month Average | 30.499 % | £30,484 | £130,434 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 22 Feb 2016.
The average size of a house on COPNOR ROAD is 88 sq meters (950 sq feet).