£509,330
This estimated value is based upon the latest sale price for the house of £298,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £298,000 | 2 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 March 2012 the House Price Index for ISLE OF WIGHT was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £298,000 results in an estimated price of approximately £509,330.
| 2 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £298,000 | £211,330 | £509,330 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | 61.491 % | £183,243 | £481,243 |
| 3 Month Average | 32.337 % | £96,364 | £394,364 |
| 6 Month Average | 61.143 % | £182,205 | £480,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £1,057,249 | £1,048,000 | 4 HEADON REACH ALUM BAY NEW ROAD |
| 22 Jun 2023 | £885,729 | £875,000 | 1 HEADON REACH ALUM BAY NEW ROAD |
| 9 Jan 2023 | £890,804 | £895,000 | 6 HEADON REACH ALUM BAY NEW ROAD |
| 24 Oct 2022 | £865,679 | £875,000 | 5 HEADON REACH ALUM BAY NEW ROAD |
| 14 Sep 2022 | £491,035 | £495,000 | BAY TREE COTTAGE CHURCH HILL |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 6 Nov 2009. Using an estimated price of £509,331 means this house is valued at £5,042 per sq meter (£468 per sq foot).
The average size of a house on CLIFF ROAD is 201 sq meters (2,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenways |
| Feb 2024 | Public order | Under investigation | On or near Greenways |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenways |
| Feb 2024 | Possession of weapons | Under investigation | On or near Greenways |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Weston Road |