£264,576
This estimated value is based upon the latest sale price for the house of £69,950 on 5 May 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £69,950 | 5 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2000 the House Price Index for ISLE OF WIGHT was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £69,950 results in an estimated price of approximately £264,576.
| 5 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.6 | 278.236 % | £69,950 | £194,626 | £264,576 |
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 | 157.418 % | £110,114 | £180,064 |
| 3 Month Average | 233.950 % | £163,648 | £233,598 |
| 6 Month Average | 249.559 % | £174,566 | £244,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £185,243 | £182,500 | FLAT 1 SILCOMBE COURT COLWELL LANE |
| 8 Nov 2023 | £152,762 | £150,500 | FLAT 3 SILCOMBE COURT COLWELL LANE |
| 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 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 21 Jun 2012. Using an estimated price of £264,576 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on ARNHEM ROAD is 113 sq meters (1,223 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 |