£81,469
This estimated value is based upon the latest sale price for the house of £80,000 on 25 Aug 2023. 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 |
|---|---|
| £80,000 | 25 Aug 2023 |
| £39,500 | 29 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 August 2023 the House Price Index for PORTSMOUTH was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £80,000 results in an estimated price of approximately £81,469.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £80,000 | £1,469 | £81,469 |
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 | 30.953 % | £24,762 | £104,762 |
| 3 Month Average | 2.093 % | £1,674 | £81,674 |
| 6 Month Average | -1.924 % | £-1,539 | £78,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £155,959 | £152,000 | FLAT 21 COVINDALE HOUSE PEDAM CLOSE |
| 25 Aug 2023 | £81,469 | £80,000 | FLAT 3 COVINDALE HOUSE PEDAM CLOSE |
| 1 Aug 2023 | £254,592 | £250,000 | 137 METHUEN ROAD |
| 5 Apr 2023 | £254,765 | £250,000 | 112 METHUEN ROAD |
| 5 Aug 2022 | £170,799 | £170,000 | 1 ALMA COURT, 193 HIGHLAND ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 27 Apr 2015. Using an estimated price of £81,469 means this house is valued at £1,939 per sq meter (£180 per sq foot).
The average size of a house on PEDAM CLOSE is 56 sq meters (608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pedam Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pedam Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedam Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedam Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedam Close |