£195,631
This estimated value is based upon the latest sale price for the house of £157,000 on 1 Aug 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 |
---|---|
£157,000 | 1 Aug 2018 |
£125,000 | 27 Apr 2007 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,013 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 August 2018 the House Price Index for ISLE OF WIGHT was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £157,000 results in an estimated price of approximately £195,631.
1 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £157,000 | £38,631 | £195,631 |
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 | -25.891 % | £-40,648 | £116,351 |
3 Month Average | 15.659 % | £24,584 | £181,584 |
6 Month Average | 18.666 % | £29,305 | £186,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £220,292 | £214,700 | 8 PRIOR CRESCENT |
27 Oct 2023 | £286,507 | £280,000 | 24 HEWITT CRESCENT |
20 Oct 2023 | £332,553 | £325,000 | 4 LONSDALE AVENUE |
23 Sep 2022 | £181,879 | £182,000 | 6 NICHOLSON STREET |
15 Jul 2022 | £207,075 | £205,000 | 7A MILLER CLOSE |
This house has a floor area of 94 sq meters or 1,013 sq feet when measured on 6 Oct 2008. Using an estimated price of £195,631 means this house is valued at £2,076 per sq meter (£192 per sq foot).
The average size of a house on MILLER CLOSE is 100 sq meters (1,083 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Miller Close |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Nicholson Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholson Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholson Street |
May 2024 | Public order | Unable to prosecute suspect | On or near Nicholson Street |