£1,061,428
This estimated value is based upon the latest sale price for the house of £1,050,000 on 6 Apr 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 |
|---|---|
| £1,050,000 | 6 Apr 2023 |
| £620,000 | 7 Feb 2020 |
| £410,000 | 30 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,249 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 April 2023 the House Price Index for ISLE OF WIGHT was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,061,428.
| 6 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £1,050,000 | £11,428 | £1,061,428 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | -11.891 % | £-124,854 | £925,145 |
| 3 Month Average | -7.921 % | £-83,167 | £966,832 |
| 6 Month Average | 5.055 % | £53,075 | £1,103,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £214,813 | £212,500 | FLAT 4 WOODLANDS FORELAND ROAD |
| 6 Apr 2023 | £1,061,429 | £1,050,000 | 76 FORELAND ROAD |
| 30 Mar 2023 | £509,803 | £505,000 | 40 MEADOW DRIVE |
| 1 Aug 2022 | £224,396 | £225,000 | FLAT 1 THE POPLARS, 64 FORELAND ROAD |
| 4 May 2022 | £341,433 | £335,000 | FLAT 6 WOODLANDS FORELAND ROAD |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 24 May 2018. Using an estimated price of £1,061,429 means this house is valued at £5,078 per sq meter (£471 per sq foot).
The average size of a house on FORELAND ROAD is 139 sq meters (1,505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foreland Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Preston Road |
| Mar 2024 | Anti-social behaviour | On or near Sycamore Drive | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Drive |