£387,657
This estimated value is based upon the latest sale price for the house of £316,000 on 12 Dec 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 |
|---|---|
| £316,000 | 12 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 December 2019 the House Price Index for ISLE OF WIGHT was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £316,000 results in an estimated price of approximately £387,657.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £316,000 | £71,657 | £387,657 |
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 | -1.159 % | £-3,663 | £312,336 |
| 3 Month Average | 9.739 % | £30,776 | £346,776 |
| 6 Month Average | 11.749 % | £37,126 | £353,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £384,034 | £383,000 | 25 CHATFIELD LODGE |
| 20 Apr 2022 | £231,705 | £225,000 | 12 SHIDE ROAD |
| 11 Mar 2022 | £344,039 | £332,000 | 3 CHATFIELD LODGE |
| 31 Jan 2022 | £315,722 | £300,000 | 29 SHIDE ROAD |
| 27 Jan 2022 | £147,337 | £140,000 | 19 SYDNEY CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 20 Nov 2019. Using an estimated price of £387,658 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on WATERGATE ROAD is 158 sq meters (1,706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Melrose Close |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Sydney Close |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Laburnam Close |
| Apr 2024 | Public order | Under investigation | On or near Elm Grove |