£412,531
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Jan 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,002 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 January 2012 the House Price Index for ISLE OF WIGHT was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £240,000 results in an estimated price of approximately £412,531.
| 4 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £240,000 | £172,531 | £412,531 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 67.297 % | £161,511 | £401,511 |
| 3 Month Average | 47.890 % | £114,935 | £354,935 |
| 6 Month Average | 41.905 % | £100,572 | £340,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £469,104 | £465,000 | 12 FORELANDS FIELD ROAD |
| 30 Jun 2023 | £794,625 | £785,000 | WINDWARD, 20A BEACHFIELD ROAD |
| 28 Apr 2023 | £394,245 | £390,000 | 4 BEACHFIELD ROAD |
| 28 Feb 2023 | £332,776 | £333,000 | 7 POPLAR CLOSE |
| 15 Sep 2022 | £570,394 | £575,000 | 27A FORELANDS FIELD ROAD |
This house has a floor area of 93 sq meters or 1,002 sq feet when measured on 26 Apr 2010. Using an estimated price of £412,531 means this house is valued at £4,431 per sq meter (£411 per sq foot).
The average size of a house on BEACHFIELD ROAD is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forelands Field Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |
| Jan 2024 | Anti-social behaviour | On or near Crossway | |
| Jan 2024 | Anti-social behaviour | On or near Crossway | |
| Jan 2024 | Anti-social behaviour | On or near Crossway |