£247,857
This estimated value is based upon the latest sale price for the house of £92,000 on 3 Sep 2002. 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 |
|---|---|
| £92,000 | 3 Sep 2002 |
| £76,500 | 28 Sep 2001 |
| £62,500 | 25 Feb 2000 |
| £43,500 | 4 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 646 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 2002 the House Price Index for PORTSMOUTH was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £92,000 results in an estimated price of approximately £247,857.
| 3 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £92,000 | £155,857 | £247,857 |
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 | 89.514 % | £82,352 | £174,352 |
| 3 Month Average | 116.574 % | £107,247 | £199,247 |
| 6 Month Average | 121.882 % | £112,131 | £204,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £154,284 | £152,000 | FLAT 21 COVINDALE HOUSE PEDAM CLOSE |
| 25 Aug 2023 | £80,706 | £80,000 | FLAT 3 COVINDALE HOUSE PEDAM CLOSE |
| 1 Aug 2023 | £252,206 | £250,000 | 137 METHUEN ROAD |
| 5 Apr 2023 | £252,721 | £250,000 | 112 METHUEN ROAD |
| 21 Oct 2022 | £163,242 | £165,000 | FLAT 22 WEST COURT HIGHLAND ROAD |
This house has a floor area of 60 sq meters or 646 sq feet when measured on 17 Nov 2008. Using an estimated price of £247,858 means this house is valued at £4,126 per sq meter (£383 per sq foot).
The average size of a house on PEDAM CLOSE is 56 sq meters (608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Pedam Close |
| Mar 2024 | Drugs | Under investigation | On or near Pedam Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedam Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Pedam Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedam Close |