£214,110
This estimated value is based upon the latest sale price for the house of £175,000 on 17 Feb 2020. 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 | 17 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 February 2020 the House Price Index for ISLE OF WIGHT was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £175,000 results in an estimated price of approximately £214,110.
| 17 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £175,000 | £39,110 | £214,110 |
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 | -0.431 % | £-753 | £174,246 |
| 3 Month Average | 30.972 % | £54,200 | £229,200 |
| 6 Month Average | 36.788 % | £64,379 | £239,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £361,322 | £355,000 | 26 CASTLE CLOSE |
| 14 Mar 2023 | £540,088 | £535,000 | 8 CASTLE CLOSE |
| 17 Feb 2023 | £237,340 | £237,500 | 3 GILLS CLIFF ROAD |
| 16 Jun 2022 | £562,956 | £555,000 | 71 GILLS CLIFF ROAD |
| 26 May 2022 | £239,513 | £235,000 | 106 GILLS CLIFF ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Aug 2014. Using an estimated price of £214,111 means this house is valued at £2,141 per sq meter (£198 per sq foot).
The average size of a house on GILLS CLIFF ROAD is 117 sq meters (1,268 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gill'S Cliff Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Undercliff Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Steephill Down Road |
| Mar 2024 | Anti-social behaviour | On or near Park Avenue | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Road |