£253,229
This estimated value is based upon the latest sale price for the house of £205,000 on 20 Feb 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £205,000 | 20 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 February 2019 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £205,000 results in an estimated price of approximately £253,229.
| 20 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £205,000 | £48,229 | £253,229 |
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 | -24.124 % | £-49,454 | £155,545 |
| 3 Month Average | 6.182 % | £12,673 | £217,673 |
| 6 Month Average | 17.188 % | £35,234 | £240,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2022 | £279,791 | £270,000 | 17 ALBANY VIEW |
| 28 Jan 2022 | £205,220 | £195,000 | 11 ARGYLE ROAD |
| 9 Dec 2021 | £246,417 | £230,000 | 16 ALBANY VIEW |
| 19 Nov 2021 | £216,303 | £200,000 | 16A ALBANY VIEW |
| 5 Oct 2021 | £237,893 | £215,000 | 19 NORTHUMBERLAND ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 26 Jan 2018. Using an estimated price of £253,230 means this house is valued at £2,344 per sq meter (£217 per sq foot).
The average size of a house on FOREST CLOSE is 131 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Worcester Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Argyle Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry View |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sherwood Road |