£464,925
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Jul 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£125,000 | 24 Jul 2000 |
£73,500 | 25 Jul 1997 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 July 2000 the House Price Index for ISLE OF WIGHT was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £125,000 results in an estimated price of approximately £464,925.
24 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 148.6 | 271.941 % | £125,000 | £339,925 | £464,925 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | 125.679 % | £157,098 | £282,098 |
3 Month Average | 180.293 % | £225,366 | £350,366 |
6 Month Average | 241.403 % | £301,754 | £426,754 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £427,466 | £422,000 | 2 CAMPFIELD ROAD |
5 Jun 2023 | £447,420 | £442,000 | 5 RIVER VIEW |
31 Jan 2023 | £482,726 | £485,000 | 2A ALVERSTONE ROAD |
4 Jan 2023 | £209,015 | £210,000 | 1 ALVERSTONE ROAD |
24 Mar 2022 | £362,692 | £350,000 | 21 BARTON CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 13 Aug 2021. Using an estimated price of £464,926 means this house is valued at £3,689 per sq meter (£342 per sq foot).
The average size of a house on RIVER VIEW is 128 sq meters (1,382 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near River View |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Mount Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Folly Lane |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Folly Lane |