£279,570
This estimated value is based upon the latest sale price for the house of £202,000 on 2 Dec 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 |
|---|---|
| £202,000 | 2 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2015 the House Price Index for ISLE OF WIGHT was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £202,000 results in an estimated price of approximately £279,570.
| 2 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £202,000 | £77,570 | £279,570 |
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 | -22.809 % | £-46,074 | £155,925 |
| 3 Month Average | 20.257 % | £40,918 | £242,918 |
| 6 Month Average | 21.630 % | £43,693 | £245,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £281,163 | £277,000 | 40 KESTREL WAY |
| 20 Sep 2023 | £410,245 | £405,000 | 3 GOLDCREST CLOSE |
| 23 Feb 2023 | £219,852 | £220,000 | 73A GUNVILLE ROAD |
| 9 Sep 2022 | £322,397 | £325,000 | 14 GOLDCREST CLOSE |
| 18 Aug 2022 | £339,087 | £340,000 | 1 GOLDCREST CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Mar 2015. Using an estimated price of £279,571 means this house is valued at £3,176 per sq meter (£295 per sq foot).
The average size of a house on GUNVILLE ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kestrel Way |
| Jan 2024 | Public order | Awaiting court outcome | On or near Kingfisher Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingfisher Close |