£225,612
This estimated value is based upon the latest sale price for the house of £76,500 on 17 Apr 2002. 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 |
|---|---|
| £76,500 | 17 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 April 2002 the House Price Index for PORTSMOUTH was 49.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 194.919%.Applying this 194.919% change to the original purchase price of £76,500 results in an estimated price of approximately £225,612.
| 17 Apr 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 146.7 | 194.919 % | £76,500 | £149,112 | £225,612 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | 118.407 % | £90,581 | £167,081 |
| 3 Month Average | 163.197 % | £124,845 | £201,345 |
| 6 Month Average | 158.697 % | £121,403 | £197,903 |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 25 Jan 2014.
The average size of a house on MELROSE CLOSE is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melrose Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bertie Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bertie Road |
| Dec 2023 | Other theft | Under investigation | On or near Shirley Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Canal |