£259,702
This estimated value is based upon the latest sale price for the house of £210,000 on 29 Apr 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 |
|---|---|
| £210,000 | 29 Apr 2019 |
| £180,000 | 26 Sep 2008 |
| £169,950 | 17 Sep 2003 |
| £75,000 | 24 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 823 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 2019 the House Price Index for ISLE OF WIGHT was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £210,000 results in an estimated price of approximately £259,702.
| 29 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £210,000 | £49,702 | £259,702 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | -12.361 % | £-25,958 | £184,041 |
| 3 Month Average | 13.113 % | £27,537 | £237,537 |
| 6 Month Average | 26.341 % | £55,315 | £265,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £182,456 | £180,000 | 2 MARINA VIEW CLARENCE ROAD |
| 25 Jun 2022 | £173,451 | £171,000 | 40 BRITANNIA WAY |
| 24 Jun 2022 | £187,652 | £185,000 | 52 BRITANNIA WAY |
| 31 May 2022 | £208,937 | £205,000 | 110A CLARENCE ROAD |
| 30 Sep 2021 | £233,838 | £217,000 | 84 CLARENCE ROAD |
This house has a floor area of 76 sq meters or 823 sq feet when measured on 9 Aug 2011. Using an estimated price of £259,703 means this house is valued at £3,394 per sq meter (£315 per sq foot).
The average size of a house on ROSETTA DRIVE is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cavalier Quay |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Britannia Way |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Marina Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marina Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marina Close |