£314,219
This estimated value is based upon the latest sale price for the house of £255,000 on 15 May 2020. 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 |
---|---|
£255,000 | 15 May 2020 |
£242,500 | 8 Dec 2010 |
£182,000 | 27 May 2004 |
£95,000 | 8 Dec 2000 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 2020 the House Price Index for ISLE OF WIGHT was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £255,000 results in an estimated price of approximately £314,219.
15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £255,000 | £59,219 | £314,219 |
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 | 41.830 % | £106,666 | £361,666 |
3 Month Average | 30.447 % | £77,640 | £332,640 |
6 Month Average | 36.003 % | £91,807 | £346,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £428,374 | £417,500 | CHALKYS RETREAT COLWELL ROAD |
17 Feb 2023 | £432,892 | £430,000 | 1 SEAVIEW MONKS LANE |
25 Jan 2023 | £481,286 | £480,000 | 7 HEATHFIELD CLOSE |
8 Jul 2022 | £282,834 | £280,000 | 24 MILLWAYS |
27 May 2022 | £590,381 | £575,000 | 14 GOLDEN HILL FORT COLWELL ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Feb 2020. Using an estimated price of £314,220 means this house is valued at £4,620 per sq meter (£429 per sq foot).
The average size of a house on SOLENT HILL is 119 sq meters (1,282 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colwell Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Colwell Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Colwell Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Colwell Road |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Colwell Road |