£218,281
This estimated value is based upon the latest sale price for the house of £135,000 on 19 Dec 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£135,000 | 19 Dec 2013 |
£123,500 | 2 Sep 2011 |
£105,000 | 6 Nov 2003 |
£105,000 | 6 Nov 2003 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 855 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 2013 the House Price Index for ISLE OF WIGHT was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £135,000 results in an estimated price of approximately £218,281.
19 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £135,000 | £83,281 | £218,281 |
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 | 10.598 % | £14,306 | £149,306 |
3 Month Average | 40.236 % | £54,318 | £189,318 |
6 Month Average | 36.529 % | £49,314 | £184,314 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £263,694 | £257,000 | 18 VICTORIA ROAD |
16 Nov 2023 | £152,881 | £149,000 | 59 CROSS LANE |
17 Oct 2023 | £189,299 | £185,000 | 1 ALBERT MEWS |
18 Nov 2021 | £185,218 | £170,000 | 27 VICTORIA ROAD |
9 Nov 2020 | £282,407 | £241,800 | 10 GORDON ROAD |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 25 Jun 2010. Using an estimated price of £218,281 means this house is valued at £2,746 per sq meter (£255 per sq foot).
The average size of a house on VICTORIA ROAD is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |