£387,109
This estimated value is based upon the latest sale price for the house of £260,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near North Fairlee Road
More crime details
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Price Paid | Date |
---|---|
£260,000 | 27 Feb 2015 |
Terraced |
Leasehold |
Floor Area: 124 sq meters or 1,343 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 February 2015 the House Price Index for ISLE OF WIGHT was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £260,000 results in an estimated price of approximately £387,109.
27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £260,000 | £127,109 | £387,109 |
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 | 53.641 % | £139,467 | £399,467 |
3 Month Average | 44.596 % | £115,949 | £375,949 |
6 Month Average | 34.462 % | £89,600 | £349,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2023 | £383,715 | £375,000 | 17 HERON SQUARE |
17 Feb 2023 | £402,690 | £400,000 | 21 HERON SQUARE |
18 Jan 2023 | £641,715 | £640,000 | 18 HERON SQUARE |
18 Aug 2022 | £457,138 | £455,000 | 17 CORMORANT GROVE |
29 Apr 2022 | £404,595 | £390,000 | 16 REDSHANK WAY |
This house has a floor area of 124 sq meters or 1,343 sq feet when measured on 5 Nov 2008. Using an estimated price of £387,109 means this house is valued at £3,101 per sq meter (£288 per sq foot).
The average size of a house on HERON SQUARE is 135 sq meters (1,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near North Fairlee Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Folly Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Folly Lane |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Folly Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Folly Lane |