£299,071
This estimated value is based upon the latest sale price for the house of £190,000 on 27 Mar 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£190,000 | 27 Mar 2014 |
£77,000 | 18 Jun 1999 |
£57,000 | 5 Nov 1996 |
£56,500 | 5 Aug 1996 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 March 2014 the House Price Index for ISLE OF WIGHT was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £190,000 results in an estimated price of approximately £299,071.
27 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £190,000 | £109,071 | £299,071 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | -6.345 % | £-12,055 | £177,944 |
3 Month Average | 26.417 % | £50,192 | £240,192 |
6 Month Average | 35.165 % | £66,813 | £256,813 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £228,381 | £225,000 | 29 EDINBURGH ROAD |
11 Sep 2023 | £359,598 | £355,000 | 29 PARKWAY |
18 Aug 2023 | £287,515 | £285,000 | 32 PARKWAY |
25 Jul 2023 | £228,070 | £225,000 | 62 EDINBURGH ROAD |
23 Jun 2023 | £556,744 | £550,000 | RIVERVIEW COPSE LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Jan 2013. Using an estimated price of £299,072 means this house is valued at £3,834 per sq meter (£356 per sq foot).
The average size of a house on PARKWAY is 71 sq meters (774 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regina Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Place |
Feb 2024 | Burglary | Under investigation | On or near Hooke Hill |
Apr 2024 | Anti-social behaviour | On or near The Crundles | |
Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |