£147,697
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Union Street
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Price Paid | Date |
---|---|
£115,000 | 28 Jul 2017 |
£116,000 | 26 Nov 2010 |
£105,000 | 23 Jun 2006 |
£55,000 | 26 Jun 2001 |
£34,000 | 25 May 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 July 2017 the House Price Index for ISLE OF WIGHT was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £115,000 results in an estimated price of approximately £147,697.
28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £115,000 | £32,697 | £147,697 |
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 | -9.813 % | £-11,284 | £103,715 |
3 Month Average | 14.934 % | £17,174 | £132,174 |
6 Month Average | 17.376 % | £19,982 | £134,982 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £135,438 | £132,000 | 1 COTTAGE MEWS |
17 Nov 2023 | £110,813 | £108,000 | FLAT 2 ROSALI HOUSE, 4 TRAFALGAR ROAD |
26 Jun 2023 | £238,785 | £234,000 | 11 TERRACE ROAD |
1 Sep 2022 | £259,826 | £260,000 | 1 TRAFALGAR ROAD |
26 Aug 2022 | £126,592 | £126,000 | FLAT 7 LININGTON COURT UNION STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 21 May 2020. Using an estimated price of £147,697 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on UNION STREET is 61 sq meters (658 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Unable to prosecute suspect | On or near Union Street |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Union Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bignor Place |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bignor Place |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bignor Place |