£227,977
This estimated value is based upon the latest sale price for the house of £220,000 on 9 Mar 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 9 Mar 2022 |
| £185,000 | 30 Mar 2020 |
| £125,000 | 14 Dec 2012 |
| £125,000 | 30 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2022 the House Price Index for ISLE OF WIGHT was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £220,000 results in an estimated price of approximately £227,977.
| 9 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £220,000 | £7,977 | £227,977 |
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 | -20.671 % | £-45,476 | £174,523 |
| 3 Month Average | 4.066 % | £8,945 | £228,945 |
| 6 Month Average | 2.414 % | £5,309 | £225,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £136,842 | £135,000 | 6 ST MARYS COURT, 28 ROBIN HOOD STREET |
| 8 Feb 2023 | £244,835 | £245,000 | 3 HOME MEADE |
| 3 Feb 2023 | £105,929 | £106,000 | 43 HOME MEADE |
| 11 Nov 2022 | £276,649 | £280,000 | 4 PAN CLOSE |
| 28 Sep 2022 | £301,565 | £304,000 | 5 HOME MEADE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 25 Sep 2012. Using an estimated price of £227,978 means this house is valued at £3,166 per sq meter (£294 per sq foot).
The average size of a house on PAN CLOSE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pan Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Pan Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pan Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pan Close |
| Jan 2024 | Anti-social behaviour | On or near Pan Close |