£299,977
This estimated value is based upon the latest sale price for the house of £165,000 on 25 Aug 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£165,000 | 25 Aug 2009 |
£165,000 | 25 Aug 2009 |
Detached |
Freehold |
Floor Area: 63 sq meters or 687 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 August 2009 the House Price Index for ISLE OF WIGHT was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £165,000 results in an estimated price of approximately £299,977.
25 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 149.7 | 81.804 % | £165,000 | £134,977 | £299,977 |
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 | 72.627 % | £119,834 | £284,834 |
3 Month Average | 81.538 % | £134,537 | £299,537 |
6 Month Average | 70.214 % | £115,852 | £280,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2024 | £210,000 | £210,000 | 23 PARKWAY |
15 Nov 2023 | £230,860 | £225,000 | 29 EDINBURGH ROAD |
11 Sep 2023 | £363,002 | £355,000 | 29 PARKWAY |
18 Aug 2023 | £290,235 | £285,000 | 32 PARKWAY |
23 Jun 2023 | £561,247 | £550,000 | RIVERVIEW COPSE LANE |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 16 Jan 2009. Using an estimated price of £299,977 means this house is valued at £4,697 per sq meter (£436 per sq foot).
The average size of a house on PARKWAY is 72 sq meters (776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Regina Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Edinburgh Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Place |