£275,651
This estimated value is based upon the latest sale price for the house of £59,950 on 11 Dec 1998. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £59,950 | 11 Dec 1998 |
| £25,600 | 12 Jul 1996 |
| Detached |
| Leasehold |
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 December 1998 the House Price Index for ISLE OF WIGHT was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £59,950 results in an estimated price of approximately £275,651.
| 11 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £59,950 | £215,701 | £275,651 |
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 | 194.569 % | £116,644 | £176,594 |
| 3 Month Average | 295.532 % | £177,171 | £237,121 |
| 6 Month Average | 280.156 % | £167,953 | £227,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £281,163 | £277,000 | 40 KESTREL WAY |
| 23 Feb 2023 | £219,852 | £220,000 | 73A GUNVILLE ROAD |
| 2 Feb 2022 | £204,495 | £195,000 | 8 GREENFINCH CLOSE |
| 22 Dec 2021 | £203,562 | £190,000 | 3 GREENFINCH CLOSE |
| 16 Dec 2021 | £273,201 | £255,000 | 15 KESTREL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gunville Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunville Crescent |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gunville Crescent |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gunville Crescent |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |