£274,169
This estimated value is based upon the latest sale price for the house of £232,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£232,000 | 2 Oct 2020 |
£47,000 | 26 Mar 1999 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 October 2020 the House Price Index for ISLE OF WIGHT was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £232,000 results in an estimated price of approximately £274,169.
2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £232,000 | £42,169 | £274,169 |
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 | 53.373 % | £123,825 | £355,825 |
3 Month Average | 41.229 % | £95,650 | £327,650 |
6 Month Average | 27.955 % | £64,854 | £296,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2024 | £210,000 | £210,000 | 23 PARKWAY |
6 Mar 2024 | £174,176 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
15 Nov 2023 | £230,860 | £225,000 | 29 EDINBURGH ROAD |
28 Sep 2023 | £112,480 | £110,000 | 7B ORCHARD CLOSE |
22 Sep 2023 | £112,480 | £110,000 | 7 WOODLAND COURT ORCHARD CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Jul 2020. Using an estimated price of £274,170 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on EDINBURGH ROAD is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Regina Road |
Apr 2024 | Anti-social behaviour | On or near The Crundles |