£208,683
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Nov 2020. 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 |
|---|---|
| £180,000 | 27 Nov 2020 |
| £149,995 | 28 Jul 2006 |
| £63,000 | 10 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 November 2020 the House Price Index for PORTSMOUTH was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £180,000 results in an estimated price of approximately £208,683.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £180,000 | £28,683 | £208,683 |
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 | 2.244 % | £4,039 | £184,039 |
| 3 Month Average | 3.400 % | £6,120 | £186,120 |
| 6 Month Average | 15.430 % | £27,773 | £207,773 |
| 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 60 sq meters or 645 sq feet when measured on 18 Nov 2015. Using an estimated price of £208,684 means this house is valued at £3,478 per sq meter (£323 per sq foot).
The average size of a house on HOBBY CLOSE is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Green Farm Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Farm Gardens |
| Dec 2023 | Vehicle crime | Under investigation | On or near Green Farm Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mark Close |
| Mar 2024 | Public order | Under investigation | On or near Mark Close |