£218,083
This estimated value is based upon the latest sale price for the house of £155,000 on 22 Oct 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£155,000 | 22 Oct 2015 |
£72,500 | 3 Nov 2000 |
Terraced |
Freehold |
Floor Area: 131 sq meters or 1,410 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 2015 the House Price Index for ISLE OF WIGHT was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £155,000 results in an estimated price of approximately £218,083.
22 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £155,000 | £63,083 | £218,083 |
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 | -7.524 % | £-11,662 | £143,337 |
3 Month Average | 23.804 % | £36,896 | £191,896 |
6 Month Average | 29.752 % | £46,115 | £201,115 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £188,295 | £185,000 | 18 FAIRLEE ROAD |
23 Nov 2022 | £177,846 | £180,000 | 24 FAIRLEE ROAD |
8 Jul 2022 | £280,756 | £280,000 | 41 FAIRLEE ROAD |
29 Apr 2022 | £205,960 | £200,000 | 57 FAIRLEE ROAD |
24 Jan 2022 | £144,180 | £137,000 | FLAT 6 61 VICTORIA ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 27 Oct 2016. Using an estimated price of £218,083 means this house is valued at £1,664 per sq meter (£154 per sq foot).
The average size of a house on FAIRLEE ROAD is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Paul'S View Road |