£413,048
This estimated value is based upon the latest sale price for the house of £315,000 on 7 Dec 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 |
|---|---|
| £315,000 | 7 Dec 2016 |
| £247,500 | 1 Nov 2007 |
| 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 2016 the House Price Index for ISLE OF WIGHT was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £315,000 results in an estimated price of approximately £413,048.
| 7 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £315,000 | £98,048 | £413,048 |
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 | 0.959 % | £3,022 | £318,022 |
| 3 Month Average | 15.278 % | £48,124 | £363,124 |
| 6 Month Average | 18.267 % | £57,539 | £372,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £166,456 | £165,000 | 31 ELM GROVE |
| 28 Jul 2023 | £501,753 | £495,000 | 1 ST NICHOLAS CLOSE |
| 3 Apr 2023 | £257,776 | £255,000 | 17 ELM GROVE |
| 3 Mar 2023 | £383,614 | £380,000 | 1 ST JOHNS CLOSE |
| 11 Aug 2022 | £189,490 | £190,000 | 65 ELM GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Close |
| Apr 2024 | Public order | Under investigation | On or near Elm Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Close |