£395,337
This estimated value is based upon the latest sale price for the house of £315,000 on 8 Jan 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £315,000 | 8 Jan 2018 |
| £129,000 | 18 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2018 the House Price Index for ISLE OF WIGHT was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £315,000 results in an estimated price of approximately £395,337.
| 8 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £315,000 | £80,337 | £395,337 |
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 | 34.743 % | £109,439 | £424,439 |
| 3 Month Average | 40.067 % | £126,211 | £441,211 |
| 6 Month Average | 58.272 % | £183,557 | £498,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £543,040 | £535,000 | SEPTEMBER COTTAGE DENNETT ROAD |
| 23 Jun 2023 | £536,499 | £530,000 | 9 BEMBRIDGE HOUSE CLOSE |
| 31 Mar 2023 | £753,499 | £746,400 | 51 HIGH STREET |
| 2 Mar 2023 | £161,522 | £160,000 | 8 GRANGE GARDENS |
| 4 Feb 2022 | £188,765 | £180,000 | 2 GRANGE GARDENS |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 May 2017. Using an estimated price of £395,338 means this house is valued at £4,344 per sq meter (£403 per sq foot).
The average size of a house on HIGH STREET is 136 sq meters (1,467 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lynchens Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Other theft | Action to be taken by another organisation | On or near Sherbourne Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sherbourne Street |