£310,677
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£250,000 | 3 Dec 2018 |
£173,000 | 22 Dec 2006 |
£129,500 | 27 Sep 2002 |
£70,000 | 29 Oct 1998 |
£55,000 | 9 Aug 1996 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2018 the House Price Index for ISLE OF WIGHT was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £250,000 results in an estimated price of approximately £310,677.
3 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £250,000 | £60,677 | £310,677 |
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 | -15.661 % | £-39,151 | £210,848 |
3 Month Average | 19.374 % | £48,435 | £298,435 |
6 Month Average | 16.599 % | £41,497 | £291,497 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Mar 2022 | £281,862 | £270,000 | 17 ALBANY VIEW |
28 Jan 2022 | £206,739 | £195,000 | 11 ARGYLE ROAD |
9 Dec 2021 | £248,241 | £230,000 | 16 ALBANY VIEW |
19 Nov 2021 | £217,904 | £200,000 | 16A ALBANY VIEW |
5 Oct 2021 | £239,654 | £215,000 | 19 NORTHUMBERLAND ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 20 Jul 2018. Using an estimated price of £310,678 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on WORCESTER ROAD is 114 sq meters (1,233 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worcester Road |
Jun 2024 | Anti-social behaviour | On or near Argyle Road | |
Jun 2024 | Anti-social behaviour | On or near Argyle Road | |
May 2024 | Anti-social behaviour | On or near Argyle Road | |
May 2024 | Anti-social behaviour | On or near Argyle Road |