£331,471
This estimated value is based upon the latest sale price for the house of £71,000 on 30 Nov 1998. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£71,000 | 30 Nov 1998 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 November 1998 the House Price Index for ISLE OF WIGHT was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £71,000 results in an estimated price of approximately £331,471.
30 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.861 % | £71,000 | £260,471 | £331,471 |
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 | 250.822 % | £178,083 | £249,083 |
3 Month Average | 294.278 % | £208,937 | £279,937 |
6 Month Average | 287.482 % | £204,112 | £275,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £319,915 | £315,000 | 34 COWES ROAD |
17 Aug 2023 | £407,347 | £400,000 | 23 NOKE COMMON |
26 Jun 2023 | £551,043 | £540,000 | 19 NOKE COMMON |
5 Jun 2023 | £186,742 | £183,000 | 101 HORSEBRIDGE HILL |
14 Feb 2023 | £281,883 | £280,000 | 21 COWES ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 May 2012. Using an estimated price of £331,471 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on COWES ROAD is 98 sq meters (1,060 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newport Road |
Jun 2024 | Violence and sexual offences | Local resolution | On or near Newport Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newport Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowes Road |
Apr 2024 | Anti-social behaviour | On or near Stag Lane |