£191,071
This estimated value is based upon the latest sale price for the house of £129,950 on 8 May 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £129,950 | 8 May 2015 |
| £53,500 | 24 May 2000 |
| £28,000 | 7 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 May 2015 the House Price Index for ISLE OF WIGHT was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £129,950 results in an estimated price of approximately £191,071.
| 8 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £129,950 | £61,121 | £191,071 |
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 | 36.529 % | £47,469 | £177,419 |
| 3 Month Average | 40.511 % | £52,643 | £182,593 |
| 6 Month Average | 40.276 % | £52,338 | £182,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £265,000 | £265,000 | 9 MILNE WAY |
| 20 Apr 2022 | £233,420 | £225,000 | 12 SHIDE ROAD |
| 31 Jan 2022 | £318,059 | £300,000 | 29 SHIDE ROAD |
| 27 Jan 2022 | £148,428 | £140,000 | 19 SYDNEY CLOSE |
| 18 Jan 2022 | £763,343 | £720,000 | 13 WATERGATE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 26 Aug 2020. Using an estimated price of £191,071 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on SYDNEY CLOSE is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Sydney Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sydney Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Laburnam Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laburnam Close |