£179,206
This estimated value is based upon the latest sale price for the house of £124,500 on 30 Jul 2015. 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 |
|---|---|
| £124,500 | 30 Jul 2015 |
| £96,000 | 12 Mar 2004 |
| £78,000 | 28 Jun 2002 |
| £37,500 | 3 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2015 the House Price Index for PORTSMOUTH was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £124,500 results in an estimated price of approximately £179,206.
| 30 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £124,500 | £54,706 | £179,206 |
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 | 33.615 % | £41,851 | £166,351 |
| 3 Month Average | 35.465 % | £44,154 | £168,654 |
| 6 Month Average | 48.286 % | £60,116 | £184,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £172,555 | £170,000 | 11 STATION ROAD |
| 11 Aug 2023 | £127,112 | £126,000 | 17A COPNOR ROAD |
| 8 Aug 2023 | £133,669 | £132,500 | FIRST FLOOR FLAT 19A COPNOR ROAD |
| 26 Apr 2023 | £156,687 | £155,000 | 9A COPNOR ROAD |
| 27 May 2022 | £211,995 | £208,000 | 21 STATION ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 31 Aug 2012. Using an estimated price of £179,206 means this house is valued at £2,890 per sq meter (£268 per sq foot).
The average size of a house on COPNOR ROAD is 88 sq meters (950 sq feet).