£361,045
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Feb 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 13 Feb 2007 |
| £80,000 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2007 the House Price Index for ISLE OF WIGHT was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £220,000 results in an estimated price of approximately £361,045.
| 13 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £220,000 | £141,045 | £361,045 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 13.867 % | £30,507 | £250,507 |
| 3 Month Average | 37.517 % | £82,536 | £302,536 |
| 6 Month Average | 63.262 % | £139,177 | £359,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £392,047 | £380,000 | 1 ROLFS CLOSE |
| 15 Dec 2023 | £309,511 | £300,000 | 2 ROSEMEAD PLACE |
| 1 Dec 2023 | £443,632 | £430,000 | 82A FORELAND ROAD |
| 16 Nov 2023 | £402,210 | £392,000 | 7 WALLS ROAD |
| 2 Nov 2023 | £574,585 | £560,000 | 7 ST LUKES DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Aug 2015. Using an estimated price of £361,045 means this house is valued at £4,570 per sq meter (£424 per sq foot).
The average size of a house on WALLS ROAD is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walls Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walls Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walls Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Sycamore Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rolfs Close |