£280,496
This estimated value is based upon the latest sale price for the house of £52,000 on 5 Dec 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £52,000 | 5 Dec 1996 |
| Detached |
| Freehold |
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 December 1996 the House Price Index for ISLE OF WIGHT was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £52,000 results in an estimated price of approximately £280,496.
| 5 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £52,000 | £228,496 | £280,496 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 234.126 % | £121,745 | £173,745 |
| 3 Month Average | 408.024 % | £212,172 | £264,172 |
| 6 Month Average | 386.230 % | £200,839 | £252,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £228,381 | £225,000 | 29 EDINBURGH ROAD |
| 11 Sep 2023 | £359,598 | £355,000 | 29 PARKWAY |
| 18 Aug 2023 | £287,515 | £285,000 | 32 PARKWAY |
| 25 Jul 2023 | £228,070 | £225,000 | 62 EDINBURGH ROAD |
| 23 Jun 2023 | £556,744 | £550,000 | RIVERVIEW COPSE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regina Road |
| Feb 2024 | Burglary | Under investigation | On or near Hooke Hill |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Place |
| Apr 2024 | Anti-social behaviour | On or near The Crundles | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |