£334,587
This estimated value is based upon the latest sale price for the house of £329,000 on 7 Mar 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 |
|---|---|
| £329,000 | 7 Mar 2023 |
| £165,000 | 2 Aug 2001 |
| £116,950 | 17 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 776 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 March 2023 the House Price Index for PORTSMOUTH was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £329,000 results in an estimated price of approximately £334,587.
| 7 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £329,000 | £5,587 | £334,587 |
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 | 0.842 % | £2,769 | £331,769 |
| 3 Month Average | -2.998 % | £-9,862 | £319,137 |
| 6 Month Average | 2.737 % | £9,003 | £338,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £600,000 | £600,000 | FLAT 6 DOWELL HOUSE GUNNERS ROW |
| 31 Mar 2023 | £269,501 | £265,000 | FLAT 2 THE COLONNADES ROYAL GATE |
| 7 Mar 2023 | £334,588 | £329,000 | FLAT 11 PARADE VIEW MANSIONS ROYAL GATE |
| 7 Mar 2023 | £335,605 | £330,000 | FLAT 12 PARADE VIEW MANSIONS ROYAL GATE |
| 23 May 2022 | £667,387 | £650,000 | FLAT 4 TEAPOT ROW CLOCKTOWER DRIVE |
This house has a floor area of 72 sq meters or 776 sq feet when measured on 5 Feb 2009. Using an estimated price of £334,588 means this house is valued at £4,640 per sq meter (£431 per sq foot).
The average size of a house on ROYAL GATE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clocktower Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromwell Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromwell Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
| Aug 2024 | Anti-social behaviour | On or near Cromwell Road |