£434,293
This estimated value is based upon the latest sale price for the house of £179,950 on 4 Apr 2003. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£179,950 | 4 Apr 2003 |
£82,500 | 31 Aug 1999 |
£56,000 | 24 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 April 2003 the House Price Index for ISLE OF WIGHT was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £179,950 results in an estimated price of approximately £434,293.
4 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 149.7 | 141.341 % | £179,950 | £254,343 | £434,293 |
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 | 53.848 % | £96,900 | £276,850 |
3 Month Average | 87.824 % | £158,039 | £337,989 |
6 Month Average | 86.047 % | £154,841 | £334,791 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2022 | £562,631 | £560,000 | 8 PADDOCK CLOSE |
21 Jul 2022 | £813,148 | £805,000 | TREMORE COTTAGE MAIN ROAD |
16 Jun 2022 | £536,468 | £525,000 | MALLARDS WALKERS LANE |
12 May 2022 | £283,383 | £276,000 | CHALK HILL HOUSE BOWCOMBE ROAD |
25 Mar 2022 | £104,393 | £100,000 | 2 FINE LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Sep 2021. Using an estimated price of £434,294 means this house is valued at £5,790 per sq meter (£537 per sq foot).
The average size of a house on BOWCOMBE ROAD is 161 sq meters (1,734 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shorwell Shute |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bowcombe Road |
Jun 2024 | Drugs | Under investigation | On or near Bowcombe Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Court Close |
Jul 2024 | Anti-social behaviour | On or near North Court Close |