£264,629
This estimated value is based upon the latest sale price for the house of £212,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £212,000 | 13 Apr 2018 |
| £204,000 | 26 Jun 2015 |
| £148,000 | 26 Jan 2007 |
| £88,500 | 12 Jun 2001 |
| £34,750 | 19 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 April 2018 the House Price Index for ISLE OF WIGHT was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £212,000 results in an estimated price of approximately £264,629.
| 13 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £212,000 | £52,629 | £264,629 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 20.718 % | £43,922 | £255,922 |
| 3 Month Average | 3.859 % | £8,180 | £220,180 |
| 6 Month Average | 26.069 % | £55,265 | £267,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £605,596 | £595,000 | BEESWING BONCHURCH SHUTE |
| 23 Nov 2023 | £492,288 | £485,000 | MIRAMAR VIEW BONCHURCH SHUTE |
| 8 Sep 2023 | £202,590 | £200,000 | WHITEGATES BONCHURCH SHUTE |
| 26 Jun 2023 | £547,634 | £541,000 | 8 LEESON ROAD |
| 14 Oct 2022 | £1,088,282 | £1,100,000 | THE TURRET HOUSE BONCHURCH VILLAGE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Sep 2013. Using an estimated price of £264,629 means this house is valued at £4,562 per sq meter (£423 per sq foot).
The average size of a house on LEESON ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bonchurch Shute |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Maples Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Spring Gardens |