£190,500
This estimated value is based upon the latest sale price for the house of £150,000 on 24 Nov 2017. 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 |
|---|---|
| £150,000 | 24 Nov 2017 |
| £400,000 | 14 Nov 2003 |
| Freehold |
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 November 2017 the House Price Index for PORTSMOUTH was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £150,000 results in an estimated price of approximately £190,500.
| 24 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £150,000 | £40,500 | £190,500 |
The Postcode Pricing Model uses changes in average sales price within the PO6 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 | 13.087 % | £19,630 | £169,630 |
| 3 Month Average | 20.248 % | £30,371 | £180,371 |
| 6 Month Average | 28.202 % | £42,303 | £192,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £299,194 | £290,000 | 19A SPUR ROAD |
| 8 Aug 2023 | £229,133 | £225,000 | 94 NORTHERN ROAD |
| 6 Feb 2023 | £148,995 | £148,000 | FLAT 29 PEELERS GATE 7-9 WAYTE STREET |
| 29 Sep 2022 | £1,598,932 | £1,600,000 | 85 NORTHERN ROAD |
| 20 Jul 2022 | £169,700 | £168,000 | FLAT 18 PEELERS GATE 7-9 WAYTE STREET |