£624,089
This estimated value is based upon the latest sale price for the house of £165,000 on 5 May 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 |
---|---|
£165,000 | 5 May 2000 |
£110,500 | 13 Sep 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 May 2000 the House Price Index for ISLE OF WIGHT was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £165,000 results in an estimated price of approximately £624,089.
5 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 148.6 | 278.236 % | £165,000 | £459,089 | £624,089 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 122.225 % | £201,671 | £366,671 |
3 Month Average | 204.842 % | £337,989 | £502,989 |
6 Month Average | 200.608 % | £331,003 | £496,003 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £634,392 | £625,000 | APRIL COTTAGE, 8 THE ORCHARD |
21 Aug 2023 | £522,572 | £518,000 | 1 THE MILL MILL LANE |
8 Aug 2023 | £332,912 | £330,000 | 37 WILBERFORCE ROAD |
2 Mar 2023 | £429,042 | £425,000 | 11 WILBERFORCE ROAD |
25 Mar 2022 | £375,645 | £362,500 | 60 WILBERFORCE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
Mar 2024 | Anti-social behaviour | On or near Mill Lane | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |