£172,154
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Jan 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 |
|---|---|
| £115,000 | 16 Jan 2015 |
| £135,500 | 8 Mar 2007 |
| £115,500 | 7 Jun 2004 |
| £50,000 | 26 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 January 2015 the House Price Index for ISLE OF WIGHT was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £115,000 results in an estimated price of approximately £172,154.
| 16 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £115,000 | £57,154 | £172,154 |
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 | 3.971 % | £4,567 | £119,567 |
| 3 Month Average | 33.284 % | £38,276 | £153,276 |
| 6 Month Average | 28.381 % | £32,638 | £147,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £201,090 | £198,000 | 33 PINEVIEW DRIVE |
| 18 Dec 2023 | £278,560 | £270,000 | 2 SUNNYSIDE COTTAGES GUNVILLE WEST |
| 4 Aug 2023 | £152,755 | £150,000 | 1 SPRING COTTAGES GUNVILLE WEST |
| 31 Mar 2023 | £223,736 | £220,000 | 12 PINEVIEW DRIVE |
| 5 Aug 2022 | £190,893 | £190,000 | 34 PINEVIEW DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Jul 2014. Using an estimated price of £172,155 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on PINEVIEW DRIVE is 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pineview Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pineview Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Gunville West |
| Jul 2024 | Public order | Under investigation | On or near Spring Walk |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spring Walk |