£296,379
This estimated value is based upon the latest sale price for the house of £69,950 on 24 Sep 1999. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £69,950 | 24 Sep 1999 |
| Semi-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 September 1999 the House Price Index for ISLE OF WIGHT was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £69,950 results in an estimated price of approximately £296,379.
| 24 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 149.7 | 323.703 % | £69,950 | £226,429 | £296,379 |
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 | 168.410 % | £117,803 | £187,753 |
| 3 Month Average | 245.935 % | £172,031 | £241,981 |
| 6 Month Average | 263.727 % | £184,476 | £254,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £163,419 | £162,000 | 11 BROADWOOD LANE |
| 15 Mar 2024 | £436,710 | £430,000 | 148 GUNVILLE ROAD |
| 8 Mar 2024 | £177,731 | £175,000 | 162 GUNVILLE ROAD |
| 6 Mar 2024 | £205,660 | £202,500 | 178 GUNVILLE ROAD |
| 18 Dec 2023 | £278,560 | £270,000 | 2 SUNNYSIDE COTTAGES GUNVILLE WEST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Local resolution | On or near Chapel Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Hollows |