£276,642
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Mar 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£265,000 | 17 Mar 2022 |
£86,500 | 8 May 2001 |
£54,000 | 26 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 March 2022 the House Price Index for ISLE OF WIGHT was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £265,000 results in an estimated price of approximately £276,642.
17 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £265,000 | £11,642 | £276,642 |
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 | -9.538 % | £-25,276 | £239,723 |
3 Month Average | 6.086 % | £16,127 | £281,127 |
6 Month Average | 3.926 % | £10,403 | £275,403 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £182,809 | £180,000 | 15 FAIRMOUNT DRIVE |
23 Jun 2023 | £255,061 | £249,950 | 30 COOPER ROAD |
20 Feb 2023 | £291,950 | £290,000 | 4 CYNTHIA GROVE |
31 Jan 2023 | £235,630 | £235,000 | 9 BELLMEAD LANE |
25 Jan 2023 | £300,804 | £300,000 | 48 COOPER ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Nov 2021. Using an estimated price of £276,642 means this house is valued at £3,040 per sq meter (£282 per sq foot).
The average size of a house on FAIRMOUNT DRIVE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Oak Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oak Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cynthia Grove |
Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Cynthia Grove |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Cynthia Grove |