£248,994
This estimated value is based upon the latest sale price for the house of £49,000 on 31 Jul 1997. 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 |
---|---|
£49,000 | 31 Jul 1997 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 July 1997 the House Price Index for PORTSMOUTH was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £49,000 results in an estimated price of approximately £248,994.
31 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 148.6 | 408.152 % | £49,000 | £199,994 | £248,994 |
The Postcode Pricing Model uses changes in average sales price within the PO1 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 | 178.399 % | £87,415 | £136,415 |
3 Month Average | 329.815 % | £161,609 | £210,609 |
6 Month Average | 424.076 % | £207,797 | £256,797 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £235,165 | £232,000 | 75 WALMER ROAD |
3 Jul 2023 | £253,411 | £250,000 | 85 WALMER ROAD |
31 Mar 2023 | £232,188 | £230,000 | 67 WALMER ROAD |
8 Aug 2022 | £214,423 | £215,000 | 144 WALMER ROAD |
15 Mar 2022 | £236,263 | £227,995 | 192 WALMER ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Dec 2013. Using an estimated price of £248,994 means this house is valued at £2,620 per sq meter (£243 per sq foot).
The average size of a house on WALMER ROAD is 90 sq meters (971 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walmer Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Walmer Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Walmer Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Walmer Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lincoln Road |