£381,899
This estimated value is based upon the latest sale price for the house of £249,950 on 30 Jul 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £249,950 | 30 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 July 2014 the House Price Index for ISLE OF WIGHT was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £249,950 results in an estimated price of approximately £381,899.
| 30 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £249,950 | £131,949 | £381,899 |
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 | 4.355 % | £10,884 | £260,834 |
| 3 Month Average | 25.808 % | £64,507 | £314,457 |
| 6 Month Average | 31.060 % | £77,633 | £327,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £455,828 | £450,000 | 35 COLLEGE ROAD |
| 27 Jul 2023 | £134,814 | £133,000 | FLAT 8 SHIDE COURT SHIDE ROAD |
| 3 Mar 2023 | £444,185 | £440,000 | 128 MEDINA AVENUE |
| 21 Nov 2022 | £247,007 | £249,999 | 6 COLLEGE ROAD |
| 16 Nov 2022 | £155,121 | £157,000 | FLAT 2 SHIDE COURT SHIDE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 19 Mar 2014. Using an estimated price of £381,900 means this house is valued at £3,440 per sq meter (£319 per sq foot).
The average size of a house on SHIDE ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Burnt House Lane |