£378,591
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Sep 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 |
|---|---|
| £285,000 | 15 Sep 2016 |
| £160,000 | 23 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2016 the House Price Index for PORTSMOUTH was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £285,000 results in an estimated price of approximately £378,591.
| 15 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £285,000 | £93,591 | £378,591 |
The Postcode Pricing Model uses changes in average sales price within the PO3 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 | -12.779 % | £-36,418 | £248,581 |
| 3 Month Average | 11.266 % | £32,109 | £317,109 |
| 6 Month Average | 30.499 % | £86,922 | £371,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £356,233 | £350,000 | 18 HOBBY CLOSE |
| 13 Jul 2023 | £228,070 | £225,000 | 50 MERLIN DRIVE |
| 20 Mar 2023 | £267,520 | £265,000 | 55 MERLIN DRIVE |
| 4 Nov 2022 | £296,410 | £300,000 | 33 GREEN FARM GARDENS |
| 7 Jun 2022 | £286,042 | £282,000 | 14 HOBBY CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 1 Jun 2012. Using an estimated price of £378,591 means this house is valued at £3,863 per sq meter (£358 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Farmside Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farmside Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Farmside Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farmside Gardens |
| Mar 2024 | Public order | Under investigation | On or near Farmside Gardens |