£389,332
This estimated value is based upon the latest sale price for the house of £262,000 on 20 Jan 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £262,000 | 20 Jan 2015 |
| £87,500 | 8 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,196 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 2015 the House Price Index for ISLE OF WIGHT was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £262,000 results in an estimated price of approximately £389,332.
| 20 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £262,000 | £127,332 | £389,332 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 35.950 % | £94,188 | £356,188 |
| 3 Month Average | 58.722 % | £153,851 | £415,851 |
| 6 Month Average | 52.011 % | £136,267 | £398,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £501,080 | £495,010 | 6 SPENCER GLADE |
| 1 Aug 2022 | £453,779 | £455,000 | 4 SPENCER GLADE |
| 11 May 2022 | £764,403 | £750,000 | 24 BUCKLAND GARDENS |
| 13 Apr 2022 | £386,175 | £375,000 | FLAT B ASHBY AUGUSTA ROAD |
| 4 Feb 2022 | £938,582 | £895,000 | SPINDRIFT ST GEORGES ROAD |
This house has a floor area of 111 sq meters or 1,196 sq feet when measured on 27 Sep 2010. Using an estimated price of £389,332 means this house is valued at £3,503 per sq meter (£325 per sq foot).
The average size of a house on COPSEFIELD DRIVE is 372 sq meters (4,008 sq feet).
This house is the smallest in the street with a floor area of 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St George'S Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Grove |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spencer Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Gwydyr Close |
| Mar 2024 | Other crime | Under investigation | On or near Queen'S Road |