£282,007
This estimated value is based upon the latest sale price for the house of £174,275 on 30 Apr 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £174,275 | 30 Apr 2007 |
| £149,950 | 9 Jul 2004 |
| Semi-Detached |
| Freehold |
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 April 2007 the House Price Index for ISLE OF WIGHT was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £174,275 results in an estimated price of approximately £282,007.
| 30 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £174,275 | £107,732 | £282,007 |
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 | 113.245 % | £197,358 | £371,633 |
| 3 Month Average | 67.403 % | £117,467 | £291,742 |
| 6 Month Average | 55.753 % | £97,163 | £271,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £187,253 | £182,500 | FLAT 1 SILCOMBE COURT COLWELL LANE |
| 8 Nov 2023 | £154,420 | £150,500 | FLAT 3 SILCOMBE COURT COLWELL LANE |
| 15 Sep 2023 | £98,164 | £96,000 | 6 DOLPHIN COURT SILCOMBE LANE |
| 23 Jun 2023 | £148,629 | £145,650 | FLAT 1 MERRIFIELD HEATHFIELD ROAD |
| 6 Mar 2023 | £315,265 | £310,000 | 14 THE SHEILINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Sheilings |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Sheilings |
| Jun 2024 | Other theft | Under investigation | On or near The Sheilings |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Sheilings |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Sheilings |