£231,494
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Jul 2023. 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 | 25 Jul 2023 |
£150,000 | 11 Oct 2016 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2023 the House Price Index for ISLE OF WIGHT was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £225,000 results in an estimated price of approximately £231,494.
25 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £225,000 | £6,494 | £231,494 |
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 | 96.165 % | £216,371 | £441,371 |
3 Month Average | 14.283 % | £32,137 | £257,137 |
6 Month Average | -7.754 % | £-17,446 | £207,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £230,860 | £225,000 | 29 EDINBURGH ROAD |
28 Sep 2023 | £112,480 | £110,000 | 7B ORCHARD CLOSE |
18 Aug 2023 | £290,235 | £285,000 | 32 PARKWAY |
23 Jun 2023 | £561,247 | £550,000 | RIVERVIEW COPSE LANE |
23 Feb 2023 | £342,286 | £340,000 | DERRY DOWNS HOOKE HILL |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Aug 2016.
The average size of a house on EDINBURGH ROAD is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Regina Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Edinburgh Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Place |