£405,586
This estimated value is based upon the latest sale price for the house of £76,000 on 10 Jan 1997. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £76,000 | 10 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 55 sq meters or 602 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 January 1997 the House Price Index for ISLE OF WIGHT 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 £76,000 results in an estimated price of approximately £405,586.
| 10 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 148.6 | 433.667 % | £76,000 | £329,586 | £405,586 |
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 | 211.988 % | £161,111 | £237,111 |
| 3 Month Average | 399.935 % | £303,950 | £379,950 |
| 6 Month Average | 397.478 % | £302,083 | £378,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £97,243 | £96,000 | 6 DOLPHIN COURT SILCOMBE LANE |
| 23 Jun 2023 | £147,436 | £145,650 | FLAT 1 MERRIFIELD HEATHFIELD ROAD |
| 6 Mar 2023 | £312,948 | £310,000 | 14 THE SHEILINGS |
| 30 Jan 2023 | £273,711 | £275,000 | 12 ARNHEM ROAD |
| 22 Sep 2022 | £188,478 | £190,000 | 20 ARNHEM ROAD |
This house has a floor area of 55 sq meters or 602 sq feet when measured on 1 Apr 2011. Using an estimated price of £405,587 means this house is valued at £7,245 per sq meter (£673 per sq foot).
The average size of a house on THE SHEILINGS is 93 sq meters (1,009 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near The Sheilings |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Sheilings |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near The Sheilings |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Sheilings |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Sheilings |