£333,812
This estimated value is based upon the latest sale price for the house of £307,500 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£307,500 | 30 Sep 2021 |
£195,000 | 21 Sep 2012 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 September 2021 the House Price Index for ISLE OF WIGHT was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £307,500 results in an estimated price of approximately £333,812.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £307,500 | £26,312 | £333,812 |
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 | -27.035 % | £-83,131 | £224,368 |
3 Month Average | 23.562 % | £72,453 | £379,953 |
6 Month Average | 4.883 % | £15,014 | £322,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £234,000 | £234,000 | PLOT 1 CLARENCE ROAD |
25 Aug 2023 | £152,755 | £150,000 | 7 HEATH CLOSE |
4 Jan 2023 | £200,536 | £200,000 | 42 CLARENCE ROAD |
6 May 2022 | £231,019 | £225,000 | 2 YORK ROAD |
5 Apr 2022 | £238,607 | £230,000 | 62A MEDINA AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 10 Jul 2012. Using an estimated price of £333,813 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on CLARENCE ROAD is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Heath Close |
Jul 2024 | Other theft | Under investigation | On or near Heath Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Jun 2024 | Other theft | Under investigation | On or near Parking Area |