£260,983
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 18 Mar 2022 |
| £165,000 | 27 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £250,000 results in an estimated price of approximately £260,983.
| 18 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £250,000 | £10,983 | £260,983 |
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 | -9.538 % | £-23,845 | £226,154 |
| 3 Month Average | 6.086 % | £15,214 | £265,214 |
| 6 Month Average | 3.926 % | £9,814 | £259,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £217,438 | £212,500 | 4 THE LAWNS FAIRLEE ROAD |
| 28 Feb 2023 | £236,580 | £235,000 | 5 THE LAWNS FAIRLEE ROAD |
| 8 Jul 2022 | £224,247 | £222,000 | 2 THE LAWNS FAIRLEE ROAD |
| 18 Mar 2022 | £260,983 | £250,000 | 316 FAIRLEE ROAD |
| 11 Feb 2022 | £359,195 | £340,000 | 41 BITTERN PLACE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 8 Apr 2016. Using an estimated price of £260,983 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on FAIRLEE ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| May 2024 | Public order | Awaiting court outcome | On or near Parking Area |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |