£607,498
This estimated value is based upon the latest sale price for the house of £107,000 on 16 Feb 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£107,000 | 16 Feb 1996 |
Detached |
Freehold |
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 February 1996 the House Price Index for ISLE OF WIGHT was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £107,000 results in an estimated price of approximately £607,498.
16 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.755 % | £107,000 | £500,498 | £607,498 |
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 | 251.702 % | £269,321 | £376,321 |
3 Month Average | 396.371 % | £424,116 | £531,116 |
6 Month Average | 511.821 % | £547,648 | £654,648 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £309,511 | £300,000 | 2 ROSEMEAD PLACE |
1 Dec 2023 | £443,632 | £430,000 | 82A FORELAND ROAD |
16 Nov 2023 | £402,210 | £392,000 | 7 WALLS ROAD |
2 Nov 2023 | £574,585 | £560,000 | 7 ST LUKES DRIVE |
6 Sep 2023 | £582,848 | £570,000 | BROOKLANDS COTTAGE LANE END ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Lukes Drive |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Lukes Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crossway |