£225,474
This estimated value is based upon the latest sale price for the house of £42,250 on 24 Jan 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 |
|---|---|
| £42,250 | 24 Jan 1997 |
| 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 January 1997 the House Price Index for PORTSMOUTH was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £42,250 results in an estimated price of approximately £225,474.
| 24 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 148.6 | 433.667 % | £42,250 | £183,224 | £225,474 |
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 | 461.147 % | £194,834 | £237,084 |
| 3 Month Average | 397.639 % | £168,002 | £210,252 |
| 6 Month Average | 418.710 % | £176,904 | £219,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £230,000 | £230,000 | 41 MARSTON LANE |
| 29 Sep 2023 | £253,238 | £250,000 | 37 MARSTON LANE |
| 29 Sep 2023 | £308,950 | £305,000 | 12 BURCOTE DRIVE |
| 18 Sep 2023 | £253,238 | £250,000 | 19 SYWELL CRESCENT |
| 27 Jul 2023 | £283,820 | £280,000 | 8 FOXLEY DRIVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 1 Nov 2019. Using an estimated price of £225,474 means this house is valued at £5,368 per sq meter (£498 per sq foot).
The average size of a house on BURCOTE DRIVE is 71 sq meters (769 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Burcote Drive | |
| Feb 2024 | Anti-social behaviour | On or near Burcote Drive | |
| Feb 2024 | Other theft | Under investigation | On or near Corby Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adstone Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yardley Close |