£584,877
This estimated value is based upon the latest sale price for the house of £215,500 on 6 Sep 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £215,500 | 6 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,243 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 2002 the House Price Index for ISLE OF WIGHT was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £215,500 results in an estimated price of approximately £584,877.
| 6 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 149.7 | 171.405 % | £215,500 | £369,377 | £584,877 |
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 | 46.695 % | £100,627 | £316,127 |
| 3 Month Average | 81.576 % | £175,796 | £391,296 |
| 6 Month Average | 96.668 % | £208,319 | £423,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £265,000 | £265,000 | 9 MILNE WAY |
| 18 Apr 2024 | £136,183 | £135,000 | FLAT 10 SHIDE VILLA, 132 MEDINA AVENUE |
| 28 Nov 2023 | £189,818 | £185,000 | 47 SHIDE ROAD |
| 14 Sep 2023 | £460,143 | £450,000 | 35 COLLEGE ROAD |
| 8 Mar 2023 | £330,520 | £325,000 | 10 COLLEGE ROAD |
This house has a floor area of 115 sq meters or 1,243 sq feet when measured on 23 Nov 2009. Using an estimated price of £584,878 means this house is valued at £5,062 per sq meter (£470 per sq foot).
The average size of a house on CHESTNUT CLOSE is 76 sq meters (819 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chestnut Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dairy Lane |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Sydney Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sydney Close |