£162,735
This estimated value is based upon the latest sale price for the house of £116,000 on 12 Nov 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£116,000 | 12 Nov 2015 |
£115,000 | 14 Sep 2012 |
Terraced |
Freehold |
Floor Area: 46 sq meters or 495 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 November 2015 the House Price Index for ISLE OF WIGHT was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £116,000 results in an estimated price of approximately £162,735.
12 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £116,000 | £46,735 | £162,735 |
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 | 11.374 % | £13,194 | £129,194 |
3 Month Average | 28.409 % | £32,953 | £148,953 |
6 Month Average | 26.668 % | £30,935 | £146,935 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £181,610 | £177,000 | 19 CHAPEL STREET |
30 Jun 2023 | £214,294 | £210,000 | 7 UNION STREET |
26 Apr 2023 | £185,469 | £182,000 | 17 CHAPEL STREET |
26 Aug 2022 | £126,592 | £126,000 | FLAT 7 LININGTON COURT UNION STREET |
18 Jul 2022 | £155,559 | £154,000 | 20 NEW STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 30 Jul 2012. Using an estimated price of £162,736 means this house is valued at £3,537 per sq meter (£328 per sq foot).
The average size of a house on CHAPEL STREET is 68 sq meters (735 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near New Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near New Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
May 2024 | Drugs | Under investigation | On or near New Street |
May 2024 | Possession of weapons | Unable to prosecute suspect | On or near New Street |