£1,287,767
This estimated value is based upon the latest sale price for the house of £1,050,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £1,050,000 | 7 Nov 2019 |
| 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 November 2019 the House Price Index for ISLE OF WIGHT was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,287,767.
| 7 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £1,050,000 | £237,767 | £1,287,767 |
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 | -15.399 % | £-161,684 | £888,315 |
| 3 Month Average | 27.515 % | £288,902 | £1,338,902 |
| 6 Month Average | 24.392 % | £256,120 | £1,306,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £369,980 | £365,000 | 4 WEST ASHEY COTTAGES ASHEY ROAD |
| 17 Mar 2023 | £90,856 | £90,000 | 11 ASHEY PARK |
| 3 Mar 2023 | £237,235 | £235,000 | 34 WINDMILL CLOSE |
| 28 Feb 2023 | £183,876 | £184,000 | 1 ASHEY PARK |
| 12 Jan 2023 | £1,094,843 | £1,100,000 | GREEN MEADOW STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroud Wood Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Upper Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |