£339,259
This estimated value is based upon the latest sale price for the house of £273,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
There has been one burglary within the last year on or near Sovereign Close
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One Queensway, Hayling Island, PO11 0LY
Phone: 02036413563
| Price Paid | Date |
|---|---|
| £273,000 | 20 Dec 2018 |
| £69,000 | 6 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2018 the House Price Index for PORTSMOUTH was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £273,000 results in an estimated price of approximately £339,259.
| 20 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £273,000 | £66,259 | £339,259 |
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 | 5.764 % | £15,735 | £288,735 |
| 3 Month Average | 13.193 % | £36,016 | £309,016 |
| 6 Month Average | 7.015 % | £19,150 | £292,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £304,681 | £300,000 | 7 SOVEREIGN CLOSE |
| 24 Feb 2023 | £377,522 | £375,000 | 20 SANDERLING ROAD |
| 15 Feb 2023 | £387,589 | £385,000 | 8 WHIMBREL CLOSE |
| 15 Nov 2022 | £348,371 | £350,000 | 4 SOVEREIGN CLOSE |
| 19 May 2022 | £467,171 | £455,000 | 29 SISKIN ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Aug 2018. Using an estimated price of £339,260 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on GODWIT ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Sovereign Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whimbrel Close |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dunlin Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Dunlin Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunlin Close |