£343,778
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Jul 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2014 the House Price Index for ISLE OF WIGHT was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £225,000 results in an estimated price of approximately £343,778.
| 14 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £225,000 | £118,778 | £343,778 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 43.464 % | £97,793 | £322,793 |
| 3 Month Average | 39.798 % | £89,545 | £314,545 |
| 6 Month Average | 66.344 % | £149,273 | £374,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £469,104 | £465,000 | 12 FORELANDS FIELD ROAD |
| 30 Jun 2023 | £794,625 | £785,000 | WINDWARD, 20A BEACHFIELD ROAD |
| 28 Apr 2023 | £394,245 | £390,000 | 4 BEACHFIELD ROAD |
| 15 Sep 2022 | £570,394 | £575,000 | 27A FORELANDS FIELD ROAD |
| 31 Mar 2022 | £481,862 | £465,000 | 9 SANDPIPERS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Jun 2012. Using an estimated price of £343,779 means this house is valued at £4,583 per sq meter (£425 per sq foot).
The average size of a house on BEACHFIELD ROAD is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forelands Field Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Willowdene Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |
| Jan 2024 | Anti-social behaviour | On or near Crossway | |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Crossway |