£1,220,119
This estimated value is based upon the latest sale price for the house of £720,000 on 6 Aug 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £720,000 | 6 Aug 2010 |
| 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 August 2010 the House Price Index for ISLE OF WIGHT was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £720,000 results in an estimated price of approximately £1,220,119.
| 6 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £720,000 | £500,119 | £1,220,119 |
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 | 23.014 % | £165,702 | £885,702 |
| 3 Month Average | 59.608 % | £429,175 | £1,149,175 |
| 6 Month Average | 55.826 % | £401,945 | £1,121,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £249,363 | £245,000 | 13 EDDINGTON ROAD |
| 28 Nov 2023 | £1,113,170 | £1,096,690 | FAKENHAM COTTAGE EDDINGTON ROAD |
| 13 Apr 2023 | £727,837 | £720,000 | HILLWAY HOUSE EDDINGTON ROAD |
| 5 Sep 2022 | £1,239,987 | £1,250,000 | CASTLE COTTAGE LOWER GREEN ROAD |
| 11 Jul 2022 | £877,362 | £875,000 | ST. CATHERINES COTTAGE UPPER GREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |