£211,043
This estimated value is based upon the latest sale price for the house of £170,000 on 22 Oct 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 |
---|---|
£170,000 | 22 Oct 2018 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 2018 the House Price Index for ISLE OF WIGHT was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £170,000 results in an estimated price of approximately £211,043.
22 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £170,000 | £41,043 | £211,043 |
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 | 10.688 % | £18,170 | £188,170 |
3 Month Average | 18.593 % | £31,608 | £201,608 |
6 Month Average | 18.645 % | £31,696 | £201,696 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £110,300 | £107,500 | 74 SYLVAN DRIVE |
31 Mar 2023 | £127,123 | £125,000 | 17 BRICKFIELD CLOSE |
10 Mar 2023 | £274,586 | £270,000 | 12 BRICKFIELD CLOSE |
27 Jan 2023 | £245,656 | £245,000 | 18 BRICKFIELD CLOSE |
11 Jan 2023 | £280,750 | £280,000 | 32 BRICKFIELD CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Jul 2018. Using an estimated price of £211,043 means this house is valued at £3,297 per sq meter (£306 per sq foot).
The average size of a house on SYLVAN DRIVE is 82 sq meters (885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Sylvan Drive |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birch Gardens |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Close |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Hazel Close |
May 2024 | Other theft | Under investigation | On or near Hazel Close |