£289,466
This estimated value is based upon the latest sale price for the house of £224,950 on 24 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 |
|---|---|
| £224,950 | 24 May 2017 |
| £172,500 | 25 Mar 2004 |
| £114,000 | 16 Jan 2001 |
| £57,500 | 22 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 £224,950 results in an estimated price of approximately £289,466.
| 24 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £224,950 | £64,516 | £289,466 |
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 % | £-21,259 | £203,690 |
| 3 Month Average | 20.883 % | £46,975 | £271,925 |
| 6 Month Average | 13.488 % | £30,341 | £255,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £266,225 | £263,000 | 5 THE FINCHES |
| 15 Feb 2023 | £299,798 | £300,000 | 11 NIGHTINGALE ROAD |
| 14 Jun 2022 | £273,870 | £270,000 | 18 THE FINCHES |
| 8 Sep 2021 | £277,480 | £257,500 | 4 WHEATEAR CLOSE |
| 11 Dec 2020 | £212,327 | £185,000 | 9 THE FINCHES |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 7 Mar 2017. Using an estimated price of £289,466 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on NIGHTINGALE ROAD is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Redwing Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Kingfisher Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingfisher Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Purdy Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |