£288,911
This estimated value is based upon the latest sale price for the house of £96,000 on 3 Apr 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £96,000 | 3 Apr 2002 |
| £78,000 | 12 Oct 2000 |
| £50,000 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2002 the House Price Index for ISLE OF WIGHT was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £96,000 results in an estimated price of approximately £288,911.
| 3 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £96,000 | £192,911 | £288,911 |
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 | 107.370 % | £103,074 | £199,074 |
| 3 Month Average | 144.925 % | £139,127 | £235,127 |
| 6 Month Average | 141.646 % | £135,980 | £231,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £284,215 | £277,000 | 40 KESTREL WAY |
| 20 Sep 2023 | £414,129 | £405,000 | 3 GOLDCREST CLOSE |
| 23 Feb 2023 | £221,479 | £220,000 | 73A GUNVILLE ROAD |
| 9 Sep 2022 | £324,783 | £325,000 | 14 GOLDCREST CLOSE |
| 2 Feb 2022 | £206,009 | £195,000 | 8 GREENFINCH CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Jul 2020. Using an estimated price of £288,912 means this house is valued at £4,069 per sq meter (£378 per sq foot).
The average size of a house on KESTREL WAY is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Way |
| Jun 2024 | Public order | Under investigation | On or near Kestrel Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Greenfinch Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Greenfinch Close |
| Jul 2024 | Other theft | Under investigation | On or near Linnet Close |