£235,339
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Aug 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 |
|---|---|
| £150,000 | 31 Aug 2007 |
| £97,000 | 9 Mar 2006 |
| Terraced |
| Freehold |
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 August 2007 the House Price Index for ISLE OF WIGHT was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £150,000 results in an estimated price of approximately £235,339.
| 31 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £150,000 | £85,339 | £235,339 |
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 | 1.753 % | £2,629 | £152,629 |
| 3 Month Average | 42.755 % | £64,132 | £214,132 |
| 6 Month Average | 49.172 % | £73,757 | £223,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £151,324 | £150,000 | 7 RICHMOND GRANGE RICHMOND CRESCENT |
| 24 Jul 2023 | £393,243 | £387,950 | RICHMOND HOUSE AVENUE ROAD |
| 9 Mar 2023 | £149,408 | £148,000 | 2 RICHMOND GRANGE RICHMOND CRESCENT |
| 15 Feb 2023 | £174,882 | £175,000 | FLAT 2 ROSE DAY COURT TENNYSON ROAD |
| 24 Aug 2022 | £158,992 | £159,420 | YAVERLAND TENNYSON BUILDINGS TENNYSON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avenue Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Avenue Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near High Street |
| Apr 2024 | Drugs | Local resolution | On or near Clayton Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coopers Close |