£409,085
This estimated value is based upon the latest sale price for the house of £305,000 on 22 Aug 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£305,000 | 22 Aug 2016 |
£192,000 | 30 Jul 2004 |
Semi-Detached |
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 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £305,000 results in an estimated price of approximately £409,085.
22 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £305,000 | £104,085 | £409,085 |
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 | -1.612 % | £-4,916 | £300,083 |
3 Month Average | 17.908 % | £54,618 | £359,618 |
6 Month Average | 22.061 % | £67,287 | £372,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £665,220 | £655,000 | WESTWARDS |
6 Dec 2023 | £500,376 | £485,000 | YEWCROFT CHILTON LANE |
6 Dec 2023 | £649,972 | £630,000 | PETITE PLACE |
21 Oct 2022 | £1,395,340 | £1,400,000 | BROOK COTTAGE |
14 Jul 2022 | £530,314 | £525,000 | FAIRFIELDS CHILTON LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Local resolution | On or near Hulverstone Lane |
May 2024 | Drugs | Local resolution | On or near Hulverstone Lane |
May 2024 | Drugs | Unable to prosecute suspect | On or near Hulverstone Lane |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoxall Lane |
May 2024 | Anti-social behaviour | On or near Carpenters Lane |