£326,194
This estimated value is based upon the latest sale price for the house of £173,500 on 21 Jan 2005. 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 |
---|---|
£173,500 | 21 Jan 2005 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 January 2005 the House Price Index for PORTSMOUTH was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £173,500 results in an estimated price of approximately £326,194.
21 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 148.6 | 88.008 % | £173,500 | £152,694 | £326,194 |
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 | 33.411 % | £57,968 | £231,468 |
3 Month Average | 58.246 % | £101,057 | £274,557 |
6 Month Average | 59.267 % | £102,828 | £276,328 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £325,699 | £320,000 | 79 MERRIVALE ROAD |
17 Jun 2022 | £319,515 | £315,000 | 110 TORRINGTON ROAD |
17 May 2022 | £326,145 | £320,000 | 87 MERRIVALE ROAD |
1 Apr 2022 | £350,132 | £340,000 | 107 TORRINGTON ROAD |
24 Sep 2021 | £331,898 | £308,000 | 81 MERRIVALE ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 15 Jan 2018. Using an estimated price of £326,195 means this house is valued at £3,229 per sq meter (£300 per sq foot).
The average size of a house on TORRINGTON ROAD is 109 sq meters (1,175 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Torrington Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windermere Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Windermere Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madeira Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeira Road |