£162,002
This estimated value is based upon the latest sale price for the house of £77,500 on 12 Mar 2004. 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 |
|---|---|
| £77,500 | 12 Mar 2004 |
| £43,000 | 17 Aug 2000 |
| £30,000 | 16 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 March 2004 the House Price Index for PORTSMOUTH was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £77,500 results in an estimated price of approximately £162,002.
| 12 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £77,500 | £84,502 | £162,002 |
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 | 102.123 % | £79,145 | £156,645 |
| 3 Month Average | 83.798 % | £64,943 | £142,443 |
| 6 Month Average | 91.599 % | £70,989 | £148,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £283,048 | £280,000 | 1 VERNON ROAD |
| 30 Mar 2022 | £345,075 | £333,000 | 36 ALLCOT ROAD |
| 17 Dec 2021 | £321,413 | £300,000 | 41 MONCKTON ROAD |
| 17 Dec 2021 | £398,017 | £371,500 | 37 MONCKTON ROAD |
| 8 Dec 2021 | £316,056 | £295,000 | 83 DARTMOUTH ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 15 Feb 2016. Using an estimated price of £162,002 means this house is valued at £4,050 per sq meter (£376 per sq foot).
The average size of a house on VERNON ROAD is 89 sq meters (960 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monckton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Monckton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Monckton Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Locarno Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Locarno Road |