£236,480
This estimated value is based upon the latest sale price for the house of £190,000 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £190,000 | 27 Jun 2019 |
| £166,000 | 22 Jan 2016 |
| £174,000 | 14 Sep 2007 |
| £156,500 | 17 Jun 2005 |
| £128,950 | 2 Apr 2003 |
| £66,500 | 16 Apr 1999 |
| £40,500 | 6 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 June 2019 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £190,000 results in an estimated price of approximately £236,480.
| 27 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £190,000 | £46,480 | £236,480 |
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 | 4.078 % | £7,747 | £197,747 |
| 3 Month Average | 30.669 % | £58,271 | £248,271 |
| 6 Month Average | 13.132 % | £24,950 | £214,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £234,000 | £234,000 | PLOT 1 CLARENCE ROAD |
| 25 Aug 2023 | £152,755 | £150,000 | 7 HEATH CLOSE |
| 4 Jan 2023 | £200,536 | £200,000 | 42 CLARENCE ROAD |
| 6 May 2022 | £231,019 | £225,000 | 2 YORK ROAD |
| 5 Apr 2022 | £238,607 | £230,000 | 62A MEDINA AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Oct 2014. Using an estimated price of £236,480 means this house is valued at £2,598 per sq meter (£241 per sq foot).
The average size of a house on CLARENCE ROAD is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Heath Close |
| Jul 2024 | Other theft | Under investigation | On or near Heath Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Other theft | Under investigation | On or near Parking Area |