£1,110,620
This estimated value is based upon the latest sale price for the house of £650,000 on 26 Jun 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£650,000 | 26 Jun 2012 |
£230,000 | 2 Jul 1998 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,668 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 June 2012 the House Price Index for ISLE OF WIGHT was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £650,000 results in an estimated price of approximately £1,110,620.
26 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £650,000 | £460,620 | £1,110,620 |
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 | -3.996 % | £-25,975 | £624,024 |
3 Month Average | 10.693 % | £69,505 | £719,505 |
6 Month Average | 42.262 % | £274,700 | £924,700 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £712,857 | £700,000 | CEDAR COTTAGE SWAINS ROAD |
1 Aug 2023 | £891,071 | £875,000 | SAN BERNARDINO SWAINS ROAD |
30 Mar 2023 | £513,577 | £505,000 | 40 MEADOW DRIVE |
8 Feb 2023 | £543,631 | £540,000 | 58 MEADOW DRIVE |
22 Jul 2022 | £747,490 | £740,000 | 57 MEADOW DRIVE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 9 Sep 2015. Using an estimated price of £1,110,620 means this house is valued at £7,165 per sq meter (£665 per sq foot).
The average size of a house on NIGHTINGALE CLOSE is 134 sq meters (1,446 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Lukes Drive |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Lukes Drive |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dennett Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |