£541,430
This estimated value is based upon the latest sale price for the house of £315,000 on 4 Apr 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There have been two burglaries within the last year on or near Forelands Field Road
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| Price Paid | Date |
|---|---|
| £315,000 | 4 Apr 2012 |
| £325,000 | 7 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,566 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 April 2012 the House Price Index for ISLE OF WIGHT was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £315,000 results in an estimated price of approximately £541,430.
| 4 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £315,000 | £226,430 | £541,430 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | -21.895 % | £-68,969 | £246,030 |
| 3 Month Average | 11.131 % | £35,061 | £350,061 |
| 6 Month Average | 40.912 % | £128,871 | £443,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £479,161 | £475,000 | 2 HOWGATE CLOSE |
| 13 Oct 2023 | £511,620 | £500,000 | 1 FORELANDS FIELD ROAD |
| 31 Aug 2023 | £473,541 | £465,000 | 12 FORELANDS FIELD ROAD |
| 30 Jun 2023 | £801,053 | £785,000 | WINDWARD, 20A BEACHFIELD ROAD |
| 28 Apr 2023 | £397,434 | £390,000 | 4 BEACHFIELD ROAD |
This house has a floor area of 145 sq meters or 1,566 sq feet when measured on 21 Jun 2011. Using an estimated price of £541,431 means this house is valued at £3,721 per sq meter (£345 per sq foot).
The average size of a house on FORELANDS FIELD ROAD is 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Forelands Field Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Forelands Field Road |
| May 2024 | Burglary | Under investigation | On or near Forelands Field Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Beachfield Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Close |