£256,336
This estimated value is based upon the latest sale price for the house of £207,500 on 29 Jan 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
Price Paid | Date |
---|---|
£207,500 | 29 Jan 2019 |
Freehold |
Floor Area: 60 sq meters or 645 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in January 2019 the House Price Index for HAMPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £207,500 results in an estimated price of approximately £256,336.
29 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £207,500 | £48,836 | £256,336 |
The Postcode Pricing Model uses changes in average sales price within the PO9 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 | 18.189 % | £37,742 | £245,242 |
3 Month Average | 13.238 % | £27,467 | £234,967 |
6 Month Average | 18.593 % | £38,579 | £246,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £315,521 | £310,000 | 32 - 32A MARKET PARADE |
9 Nov 2023 | £391,801 | £386,000 | 16 MANOR CLOSE |
11 Aug 2023 | £90,794 | £90,000 | FLAT 15 34 - 42 MARKET PARADE |
28 Jul 2023 | £264,561 | £261,000 | 22 MARKET PARADE |
14 Jul 2023 | £212,865 | £210,000 | 24A MARKET PARADE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Oct 2021. Using an estimated price of £256,336 means this house is valued at £4,272 per sq meter (£396 per sq foot).
The average size of a house on NORTH STREET is 51 sq meters (558 sq feet).