£342,065
This estimated value is based upon the latest sale price for the house of £255,000 on 18 Jul 2016. 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 Church Place
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Price Paid | Date |
---|---|
£255,000 | 18 Jul 2016 |
£245,000 | 4 Aug 2005 |
£54,000 | 12 May 1997 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £255,000 results in an estimated price of approximately £342,065.
18 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £255,000 | £87,065 | £342,065 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 83.329 % | £212,489 | £467,489 |
3 Month Average | 58.273 % | £148,597 | £403,597 |
6 Month Average | 48.492 % | £123,653 | £378,653 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £561,247 | £550,000 | RIVERVIEW COPSE LANE |
23 Feb 2023 | £342,286 | £340,000 | DERRY DOWNS HOOKE HILL |
16 Feb 2023 | £231,547 | £230,000 | 19 EDINBURGH ROAD |
7 Nov 2022 | £313,534 | £315,000 | EDGWARE COPSE LANE |
4 Jul 2022 | £414,099 | £409,950 | 2 VICTORIA COTTAGES CHURCH PLACE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 31 Jan 2017. Using an estimated price of £342,065 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on CHURCH PLACE is 106 sq meters (1,145 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Place |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Regina Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Edinburgh Road |