£243,575
This estimated value is based upon the latest sale price for the house of £140,000 on 6 May 2011. 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 |
|---|---|
| £140,000 | 6 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 957 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 May 2011 the House Price Index for PORTSMOUTH was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £140,000 results in an estimated price of approximately £243,575.
| 6 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £140,000 | £103,575 | £243,575 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | 81.320 % | £113,848 | £253,848 |
| 3 Month Average | 73.306 % | £102,628 | £242,628 |
| 6 Month Average | 70.560 % | £98,783 | £238,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £231,886 | £226,000 | 24 MAXWELL ROAD |
| 6 Sep 2023 | £307,785 | £301,000 | 31 TREDEGAR ROAD |
| 15 Aug 2023 | £320,786 | £315,000 | 48 WINTER ROAD |
| 3 Feb 2023 | £251,681 | £250,000 | 34 MAXWELL ROAD |
| 2 Sep 2022 | £271,818 | £272,000 | 65 HATFIELD ROAD |
This house has a floor area of 88 sq meters or 957 sq feet when measured on 6 Dec 2010. Using an estimated price of £243,575 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on TREDEGAR ROAD is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatfield Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hatfield Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hatfield Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tredegar Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hunter Road |