£341,247
This estimated value is based upon the latest sale price for the house of £255,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £255,000 | 16 Sep 2016 |
| £215,000 | 13 Aug 2007 |
| £57,950 | 27 May 1997 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2016 the House Price Index for ISLE OF WIGHT was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £255,000 results in an estimated price of approximately £341,247.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £255,000 | £86,247 | £341,247 |
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 | 10.831 % | £27,618 | £282,618 |
| 3 Month Average | 18.918 % | £48,241 | £303,241 |
| 6 Month Average | 20.912 % | £53,324 | £308,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £268,378 | £263,000 | 5 THE FINCHES |
| 15 Feb 2023 | £302,017 | £300,000 | 11 NIGHTINGALE ROAD |
| 14 Jun 2022 | £275,898 | £270,000 | 18 THE FINCHES |
| 8 Sep 2021 | £279,534 | £257,500 | 4 WHEATEAR CLOSE |
| 11 Dec 2020 | £213,899 | £185,000 | 9 THE FINCHES |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Sep 2015. Using an estimated price of £341,247 means this house is valued at £4,739 per sq meter (£440 per sq foot).
The average size of a house on NIGHTINGALE ROAD is 102 sq meters (1,103 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Swallow Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Finches |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Finches |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingfisher Close |
| Jul 2024 | Other theft | Under investigation | On or near Linnet Close |