£261,298
This estimated value is based upon the latest sale price for the house of £190,000 on 3 Feb 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 |
|---|---|
| £190,000 | 3 Feb 2016 |
| £150,000 | 5 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 February 2016 the House Price Index for ISLE OF WIGHT was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £190,000 results in an estimated price of approximately £261,298.
| 3 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £190,000 | £71,298 | £261,298 |
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 | 1.306 % | £2,481 | £192,481 |
| 3 Month Average | 18.488 % | £35,126 | £225,126 |
| 6 Month Average | 23.904 % | £45,418 | £235,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £247,632 | £243,000 | 28 ALVINGTON ROAD |
| 23 Feb 2023 | £221,479 | £220,000 | 73A GUNVILLE ROAD |
| 31 Jan 2023 | £243,601 | £242,950 | 17 ALVINGTON ROAD |
| 16 May 2022 | £302,891 | £295,000 | 53 ALVINGTON ROAD |
| 11 Feb 2022 | £332,784 | £315,000 | 73 ALVINGTON ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 23 Feb 2015. Using an estimated price of £261,299 means this house is valued at £2,312 per sq meter (£214 per sq foot).
The average size of a house on ALVINGTON ROAD is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alvington Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alvington Close |
| Jul 2024 | Anti-social behaviour | On or near School Lane | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near School Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near School Lane |