£208,008
This estimated value is based upon the latest sale price for the house of £58,500 on 9 Feb 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £58,500 | 9 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 February 2001 the House Price Index for ISLE OF WIGHT was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £58,500 results in an estimated price of approximately £208,008.
| 9 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £58,500 | £149,508 | £208,008 |
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 | 117.381 % | £68,668 | £127,168 |
| 3 Month Average | 178.128 % | £104,205 | £162,705 |
| 6 Month Average | 178.694 % | £104,536 | £163,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £278,560 | £270,000 | 2 SUNNYSIDE COTTAGES GUNVILLE WEST |
| 20 Oct 2023 | £276,275 | £270,000 | 10 BRAMLEYS |
| 4 Aug 2023 | £152,755 | £150,000 | 1 SPRING COTTAGES GUNVILLE WEST |
| 23 Jun 2023 | £332,667 | £326,000 | 8 BRAMLEYS |
| 28 Feb 2023 | £206,379 | £205,000 | 25 SPRING WALK |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 9 Nov 2018. Using an estimated price of £208,009 means this house is valued at £3,781 per sq meter (£351 per sq foot).
The average size of a house on SPRING WALK is 73 sq meters (787 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Spring Walk |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spring Walk |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alvington Manor View |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alvington Manor View |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pineview Drive |