£220,552
This estimated value is based upon the latest sale price for the house of £68,000 on 31 Oct 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£68,000 | 31 Oct 2001 |
Semi-Detached |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 2001 the House Price Index for ISLE OF WIGHT was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £68,000 results in an estimated price of approximately £220,552.
31 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 148.6 | 224.341 % | £68,000 | £152,552 | £220,552 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 177.199 % | £120,495 | £188,495 |
3 Month Average | 190.570 % | £129,587 | £197,587 |
6 Month Average | 229.040 % | £155,747 | £223,747 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £264,630 | £260,000 | 16 DOWNSIDE |
25 Aug 2023 | £73,644 | £73,000 | 62 OCEAN VIEW ROAD |
21 Jul 2023 | £137,855 | £136,000 | 24 OCEAN VIEW ROAD |
24 Mar 2023 | £237,235 | £235,000 | 3 SOUTH VIEW NEWPORT ROAD |
2 Sep 2022 | £630,905 | £636,000 | 32 ZIG ZAG ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 14 Nov 2014. Using an estimated price of £220,552 means this house is valued at £2,371 per sq meter (£220 per sq foot).
The average size of a house on OCEAN VIEW ROAD is 65 sq meters (700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Steephill Down Road |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Downside |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cornwall Road |
Feb 2024 | Public order | Under investigation | On or near Cornwall Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Road |