£284,560
This estimated value is based upon the latest sale price for the house of £231,960 on 3 Dec 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Chine Close
More crime details
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Price Paid | Date |
---|---|
£231,960 | 3 Dec 2019 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in December 2019 the House Price Index for ISLE OF WIGHT was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £231,960 results in an estimated price of approximately £284,560.
3 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £231,960 | £52,600 | £284,560 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 20.392 % | £47,300 | £279,260 |
3 Month Average | 23.065 % | £53,502 | £285,462 |
6 Month Average | 18.965 % | £43,990 | £275,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2023 | £202,678 | £199,950 | CHALET 1 HONEYSUCKLE COTTAGE COLWELL CHINE ROAD |
26 Jun 2023 | £506,131 | £500,000 | TOPSAILS COLWELL CHINE ROAD |
26 Jan 2023 | £666,859 | £670,000 | SUMMER BREEZE, 12 CHINE CLOSE |
17 Nov 2022 | £666,922 | £675,000 | SEAGULLS REST COLWELL CHINE ROAD |
16 Sep 2022 | £148,798 | £150,000 | 25 ISLAND VIEW CHALETS FORT WARDEN ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 Aug 2016. Using an estimated price of £284,560 means this house is valued at £3,270 per sq meter (£303 per sq foot).
The average size of a house on CHINE CLOSE is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chine Close |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Chine Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Feb 2024 | Drugs | Awaiting court outcome | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Small Horse Farm Close |