£162,462
This estimated value is based upon the latest sale price for the house of £119,950 on 29 Apr 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 |
---|---|
£119,950 | 29 Apr 2016 |
£110,000 | 5 Jul 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 2016 the House Price Index for ISLE OF WIGHT was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £119,950 results in an estimated price of approximately £162,462.
29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £119,950 | £42,512 | £162,462 |
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 | 30.292 % | £36,335 | £156,285 |
3 Month Average | 26.013 % | £31,202 | £151,152 |
6 Month Average | 23.294 % | £27,940 | £147,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £292,559 | £290,000 | 10 ATKINSON DRIVE |
13 Jul 2023 | £243,274 | £240,000 | 1 COOK AVENUE |
23 Jun 2023 | £253,015 | £249,950 | 30 COOPER ROAD |
25 Jan 2023 | £298,593 | £300,000 | 48 COOPER ROAD |
11 Apr 2022 | £308,940 | £300,000 | 18 HALBERRY LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 Dec 2015. Using an estimated price of £162,462 means this house is valued at £2,499 per sq meter (£232 per sq foot).
The average size of a house on COOK AVENUE is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cook Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cook Avenue |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Atkinson Drive |
Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Atkinson Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Atkinson Drive |