£212,549
This estimated value is based upon the latest sale price for the house of £136,500 on 24 Apr 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£136,500 | 24 Apr 2014 |
£128,000 | 17 Nov 2010 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2014 the House Price Index for ISLE OF WIGHT was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £136,500 results in an estimated price of approximately £212,549.
24 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £136,500 | £76,049 | £212,549 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 6.616 % | £9,030 | £145,530 |
3 Month Average | 35.635 % | £48,641 | £185,141 |
6 Month Average | 38.438 % | £52,467 | £188,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £223,918 | £220,000 | 58 NELSON DRIVE |
6 Sep 2023 | £217,785 | £215,000 | 84 NELSON DRIVE |
25 Apr 2023 | £247,667 | £245,000 | 40 MILTON ROAD |
6 Apr 2023 | £283,048 | £280,000 | 14 FRASER CLOSE |
5 Apr 2023 | £207,231 | £205,000 | 74 NELSON DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 28 Aug 2020. Using an estimated price of £212,550 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on FRASER CLOSE is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Drive |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Nelson Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Court |