£234,721
This estimated value is based upon the latest sale price for the house of £175,000 on 5 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 |
---|---|
£175,000 | 5 Aug 2016 |
£160,000 | 20 Sep 2012 |
£138,000 | 30 Mar 2011 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 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 £175,000 results in an estimated price of approximately £234,721.
5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £175,000 | £59,721 | £234,721 |
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 % | £-2,820 | £172,179 |
3 Month Average | 17.908 % | £31,338 | £206,338 |
6 Month Average | 22.061 % | £38,607 | £213,607 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £371,413 | £360,000 | 1 WINCHAT CLOSE |
2 Oct 2023 | £301,856 | £295,000 | 15 PURDY ROAD |
8 Sep 2023 | £301,650 | £295,000 | 5 WINCHAT CLOSE |
16 Jun 2023 | £234,703 | £230,000 | 41 PURDY ROAD |
31 Mar 2023 | £300,010 | £295,000 | 78 WELLINGTON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 26 Jan 2016. Using an estimated price of £234,721 means this house is valued at £3,667 per sq meter (£340 per sq foot).
The average size of a house on WELLINGTON ROAD is 87 sq meters (938 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Purdy Road |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Millfield Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Road |
Jul 2024 | Other crime | Under investigation | On or near Wellington Road |
Jul 2024 | Other crime | Under investigation | On or near Wellington Road |