£434,757
This estimated value is based upon the latest sale price for the house of £375,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 27 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 November 2020 the House Price Index for ISLE OF WIGHT was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £375,000 results in an estimated price of approximately £434,757.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £375,000 | £59,757 | £434,757 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | -8.631 % | £-32,365 | £342,634 |
| 3 Month Average | 6.213 % | £23,298 | £398,298 |
| 6 Month Average | 13.169 % | £49,382 | £424,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £279,812 | £280,000 | 10 MOUNTBATTEN AVENUE |
| 30 Jan 2023 | £298,593 | £300,000 | 4 EDINBURGH CLOSE |
| 27 Jan 2023 | £1,020,194 | £1,025,000 | 3 BARING DRIVE |
| 30 Nov 2022 | £205,511 | £208,000 | FLAT 2A STANHOPE LODGE STANHOPE DRIVE |
| 24 Oct 2022 | £1,038,815 | £1,050,000 | HOME WATERS TRINITY CHURCH LANE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 23 Jul 2020. Using an estimated price of £434,758 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on CROSSFIELD AVENUE is 93 sq meters (1,005 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ward Avenue | |
| Mar 2024 | Burglary | Under investigation | On or near Mountbatten Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Mountbatten Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edinburgh Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Baring Drive |