£574,162
This estimated value is based upon the latest sale price for the house of £480,000 on 23 Sep 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £480,000 | 23 Sep 2020 |
| £74,000 | 10 May 1995 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2020 the House Price Index for ISLE OF WIGHT was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £480,000 results in an estimated price of approximately £574,162.
| 23 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £480,000 | £94,162 | £574,162 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | -20.592 % | £-98,842 | £381,157 |
| 3 Month Average | -2.310 % | £-11,090 | £468,909 |
| 6 Month Average | 31.624 % | £151,794 | £631,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £574,585 | £560,000 | 7 ST LUKES DRIVE |
| 4 Aug 2023 | £712,857 | £700,000 | CEDAR COTTAGE SWAINS ROAD |
| 1 Aug 2023 | £891,071 | £875,000 | SAN BERNARDINO SWAINS ROAD |
| 24 Feb 2023 | £563,766 | £560,000 | 11 ST LUKES DRIVE |
| 8 Feb 2023 | £543,631 | £540,000 | 58 MEADOW DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 10 Apr 2019. Using an estimated price of £574,162 means this house is valued at £6,379 per sq meter (£592 per sq foot).
The average size of a house on SWAINS ROAD is 191 sq meters (2,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Lukes Drive |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Lukes Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willowdene Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |