£255,024
This estimated value is based upon the latest sale price for the house of £75,192 on 15 Jun 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£75,192 | 15 Jun 2001 |
Terraced |
Leasehold |
Floor Area: 92 sq meters or 995 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 June 2001 the House Price Index for ISLE OF WIGHT was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £75,192 results in an estimated price of approximately £255,024.
15 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 148.6 | 239.164 % | £75,192 | £179,832 | £255,024 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 183.495 % | £137,973 | £213,165 |
3 Month Average | 165.727 % | £124,613 | £199,805 |
6 Month Average | 248.552 % | £186,891 | £262,083 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £272,383 | £270,000 | 13 GILLS CLIFF ROAD |
12 Jul 2023 | £253,411 | £250,000 | 18 GILLS CLIFF ROAD |
17 Feb 2023 | £237,340 | £237,500 | 1 GILLS CLIFF ROAD |
17 Feb 2023 | £237,340 | £237,500 | 3 GILLS CLIFF ROAD |
16 Jun 2022 | £562,956 | £555,000 | 71 GILLS CLIFF ROAD |
This house has a floor area of 92 sq meters or 995 sq feet when measured on 14 Sep 2010. Using an estimated price of £255,024 means this house is valued at £2,757 per sq meter (£256 per sq foot).
The average size of a house on GILLS CLIFF ROAD is 117 sq meters (1,268 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gill'S Cliff Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Steephill Down Road |
Mar 2024 | Anti-social behaviour | On or near Park Avenue | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cornwall Road |
Feb 2024 | Public order | Under investigation | On or near Cornwall Road |