£157,820
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Jan 2016. 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 | 8 Jan 2016 |
| £37,500 | 27 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 21 sq meters or 230 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 2016 the House Price Index for ISLE OF WIGHT was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £115,000 results in an estimated price of approximately £157,820.
| 8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £115,000 | £42,820 | £157,820 |
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 | 7.362 % | £8,466 | £123,466 |
| 3 Month Average | 22.052 % | £25,360 | £140,360 |
| 6 Month Average | 22.325 % | £25,673 | £140,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £281,163 | £277,000 | 40 KESTREL WAY |
| 20 Sep 2023 | £410,245 | £405,000 | 3 GOLDCREST CLOSE |
| 23 Feb 2023 | £219,852 | £220,000 | 73A GUNVILLE ROAD |
| 9 Sep 2022 | £322,397 | £325,000 | 14 GOLDCREST CLOSE |
| 18 Aug 2022 | £339,087 | £340,000 | 1 GOLDCREST CLOSE |
This house has a floor area of 21 sq meters or 230 sq feet when measured on 15 Jun 2010. Using an estimated price of £157,821 means this house is valued at £7,374 per sq meter (£685 per sq foot).
The average size of a house on KESTREL WAY is 69 sq meters (748 sq feet).
This house is the smallest in the street with a floor area of 21 sq meters (230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kestrel Way |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gunville Crescent |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gunville Crescent |