£457,609
This estimated value is based upon the latest sale price for the house of £269,000 on 27 Oct 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £269,000 | 27 Oct 2010 |
| £247,000 | 31 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 942 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 October 2010 the House Price Index for ISLE OF WIGHT was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £269,000 results in an estimated price of approximately £457,609.
| 27 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £269,000 | £188,609 | £457,609 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | -17.854 % | £-48,027 | £220,972 |
| 3 Month Average | 45.010 % | £121,078 | £390,078 |
| 6 Month Average | 41.576 % | £111,839 | £380,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £430,000 | £430,000 | 14 SELWOOD ROAD |
| 8 Mar 2024 | £395,000 | £395,000 | 4 JENNINGS CLOSE |
| 14 Sep 2023 | £422,401 | £417,000 | 14 JENNINGS CLOSE |
| 9 Jun 2023 | £318,862 | £315,000 | 17 SELWOOD ROAD |
| 13 Apr 2023 | £174,378 | £172,500 | FLAT 1 HIGH VIEW VICTORIA ROAD |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 20 Apr 2010. Using an estimated price of £457,610 means this house is valued at £5,223 per sq meter (£485 per sq foot).
The average size of a house on SELWOOD ROAD is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Everard Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Local resolution | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |