£198,390
This estimated value is based upon the latest sale price for the house of £143,500 on 8 Jan 2016. 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 |
---|---|
£143,500 | 8 Jan 2016 |
Flats/Maisonettes |
Leasehold |
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 2016 the House Price Index for PORTSMOUTH was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £143,500 results in an estimated price of approximately £198,390.
8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £143,500 | £54,890 | £198,390 |
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 | 19.905 % | £28,563 | £172,063 |
3 Month Average | 35.441 % | £50,858 | £194,358 |
6 Month Average | 31.136 % | £44,680 | £188,180 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £187,636 | £183,500 | 27 VISTA FRATTON WAY |
30 Jun 2023 | £191,334 | £187,500 | 63 VISTA FRATTON WAY |
18 Apr 2023 | £214,003 | £210,000 | 65 VISTA FRATTON WAY |
26 Jan 2023 | £131,351 | £131,000 | 11 VISTA FRATTON WAY |
21 Jul 2022 | £196,974 | £195,000 | 56 VISTA FRATTON WAY |