£257,425
This estimated value is based upon the latest sale price for the house of £255,000 on 1 Mar 2023. 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 |
|---|---|
| £255,000 | 1 Mar 2023 |
| £124,995 | 23 Jun 2008 |
| £149,995 | 8 Apr 2005 |
| £136,000 | 31 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2023 the House Price Index for HAMPSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £255,000 results in an estimated price of approximately £257,425.
| 1 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £255,000 | £2,425 | £257,425 |
The Postcode Pricing Model uses changes in average sales price within the PO8 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 | 50.827 % | £129,607 | £384,607 |
| 3 Month Average | -2.275 % | £-5,800 | £249,199 |
| 6 Month Average | -0.268 % | £-683 | £254,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £225,382 | £222,500 | 34 KITE CLOSE |
| 19 Jul 2023 | £250,877 | £247,500 | 52 GREBE CLOSE |
| 27 Mar 2023 | £179,693 | £178,000 | 89 EAGLE AVENUE |
| 1 Mar 2023 | £257,425 | £255,000 | 14 MERLIN CLOSE |
| 30 Jan 2023 | £252,809 | £254,000 | 8 HOBBY CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Feb 2017. Using an estimated price of £257,425 means this house is valued at £3,575 per sq meter (£332 per sq foot).
The average size of a house on MERLIN CLOSE is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Merlin Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Merlin Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merlin Close |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Merlin Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Merlin Close |