£696,751
This estimated value is based upon the latest sale price for the house of £440,000 on 13 Feb 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £440,000 | 13 Feb 2014 |
| £490,000 | 30 Apr 2008 |
| £210,000 | 1 Sep 1997 |
| 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 February 2014 the House Price Index for ISLE OF WIGHT was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £440,000 results in an estimated price of approximately £696,751.
| 13 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £440,000 | £256,751 | £696,751 |
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 | -2.473 % | £-10,883 | £429,116 |
| 3 Month Average | 27.409 % | £120,601 | £560,601 |
| 6 Month Average | 30.114 % | £132,501 | £572,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £234,842 | £235,000 | 5 THE LAWNS FAIRLEE ROAD |
| 8 Jul 2022 | £222,599 | £222,000 | 2 THE LAWNS FAIRLEE ROAD |
| 18 Mar 2022 | £259,066 | £250,000 | 316 FAIRLEE ROAD |
| 14 Dec 2021 | £196,062 | £183,000 | 14 MEDINA BREEZE WALK |
| 18 Oct 2021 | £298,749 | £270,000 | 165 FAIRLEE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Medina Breeze Walk |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |
| Feb 2024 | Burglary | Under investigation | On or near Park/Open Space |
| Feb 2024 | Burglary | Under investigation | On or near Park/Open Space |