£276,662
This estimated value is based upon the latest sale price for the house of £215,000 on 15 May 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £215,000 | 15 May 2017 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 May 2017 the House Price Index for ISLE OF WIGHT was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £215,000 results in an estimated price of approximately £276,662.
| 15 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £215,000 | £61,662 | £276,662 |
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 | -9.451 % | £-20,319 | £194,680 |
| 3 Month Average | 20.883 % | £44,897 | £259,897 |
| 6 Month Average | 13.488 % | £28,999 | £243,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £501,753 | £495,000 | 1 ST NICHOLAS CLOSE |
| 29 Jul 2022 | £384,034 | £383,000 | 25 CHATFIELD LODGE |
| 23 Mar 2022 | £300,516 | £290,000 | 12 WHITEPIT LANE |
| 11 Mar 2022 | £344,039 | £332,000 | 3 CHATFIELD LODGE |
| 18 Jan 2022 | £757,734 | £720,000 | 13 WATERGATE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Oct 2016. Using an estimated price of £276,663 means this house is valued at £4,068 per sq meter (£377 per sq foot).
The average size of a house on CHATFIELD LODGE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Melrose Close |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Sydney Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Meadow Green |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Green |