£449,172
This estimated value is based upon the latest sale price for the house of £300,000 on 6 Nov 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 |
|---|---|
| £300,000 | 6 Nov 2014 |
| £235,000 | 18 Jun 2003 |
| £105,000 | 24 May 2000 |
| £95,000 | 25 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 November 2014 the House Price Index for ISLE OF WIGHT was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £300,000 results in an estimated price of approximately £449,172.
| 6 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £300,000 | £149,172 | £449,172 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 35.483 % | £106,449 | £406,449 |
| 3 Month Average | 29.427 % | £88,280 | £388,280 |
| 6 Month Average | 61.606 % | £184,818 | £484,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £131,147 | £130,000 | FLAT 6 BELGRAVE COURT BELGRAVE ROAD |
| 2 Feb 2023 | £244,835 | £245,000 | 25C ALPINE ROAD |
| 22 Apr 2022 | £124,348 | £120,750 | FLAT 4 SILVERMERE COURT ALMA ROAD |
| 22 Feb 2022 | £208,690 | £199,000 | FLAT 1 BELGRAVE COURT BELGRAVE ROAD |
| 26 Nov 2021 | £243,341 | £225,000 | FLAT 4 YARBOROUGH COURT BELGRAVE ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 11 Dec 2015. Using an estimated price of £449,173 means this house is valued at £3,254 per sq meter (£302 per sq foot).
The average size of a house on ALPINE ROAD is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Bellevue Road |
| Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
| Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
| Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marlborough Road |