£493,516
This estimated value is based upon the latest sale price for the house of £430,000 on 18 Dec 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 |
---|---|
£430,000 | 18 Dec 2020 |
£335,000 | 17 Oct 2014 |
£289,500 | 10 Feb 2004 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 2020 the House Price Index for ISLE OF WIGHT was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £430,000 results in an estimated price of approximately £493,516.
18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £430,000 | £63,516 | £493,516 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | -24.209 % | £-104,099 | £325,900 |
3 Month Average | -0.306 % | £-1,316 | £428,683 |
6 Month Average | 1.673 % | £7,193 | £437,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £267,339 | £265,000 | 16 MOUNT PLEASANT ROAD |
25 Aug 2023 | £151,324 | £150,000 | 7 HEATH CLOSE |
21 Jul 2023 | £451,071 | £445,000 | 12 CYPRESS ROAD |
1 Jun 2023 | £263,188 | £260,000 | 6 VICTORIA COURT MOUNT PLEASANT ROAD |
21 Apr 2023 | £161,742 | £160,000 | 69 CLARENCE ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 15 Apr 2014. Using an estimated price of £493,517 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on CYPRESS ROAD is 144 sq meters (1,551 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Wykeham Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wykeham Road |
Mar 2024 | Burglary | Unable to prosecute suspect | On or near Laburnam Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Close |