£231,601
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Jan 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 |
|---|---|
| £145,000 | 24 Jan 2014 |
| £115,000 | 10 Nov 2003 |
| £72,000 | 30 May 2002 |
| £14,500 | 21 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2014 the House Price Index for ISLE OF WIGHT was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £145,000 results in an estimated price of approximately £231,601.
| 24 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £145,000 | £86,601 | £231,601 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 26.383 % | £38,255 | £183,255 |
| 3 Month Average | 59.123 % | £85,728 | £230,728 |
| 6 Month Average | 47.996 % | £69,593 | £214,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £172,202 | £170,000 | 114 BINSTEAD LODGE ROAD |
| 25 Aug 2023 | £282,471 | £280,000 | 12A WATERLOO CRESCENT |
| 1 Aug 2023 | £209,836 | £208,000 | 106A BINSTEAD LODGE ROAD |
| 9 Jun 2023 | £177,146 | £175,000 | 21 DAME ANTHONYS CLOSE |
| 24 Mar 2023 | £221,083 | £219,000 | 73 HILLRISE AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 31 May 2018. Using an estimated price of £231,602 means this house is valued at £3,676 per sq meter (£341 per sq foot).
The average size of a house on HILLRISE AVENUE is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dame Anthonys Close |
| Mar 2024 | Burglary | Under investigation | On or near Hillrise Avenue |
| Mar 2024 | Anti-social behaviour | On or near Play Lane | |
| Feb 2024 | Anti-social behaviour | On or near Play Lane | |
| Feb 2024 | Anti-social behaviour | On or near Play Lane |