£174,377
This estimated value is based upon the latest sale price for the house of £172,500 on 13 Apr 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £172,500 | 13 Apr 2023 |
| £143,000 | 20 May 2020 |
| £128,000 | 20 Dec 2013 |
| £125,000 | 21 Jul 2006 |
| £79,950 | 19 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 April 2023 the House Price Index for ISLE OF WIGHT was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £172,500 results in an estimated price of approximately £174,377.
| 13 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £172,500 | £1,877 | £174,377 |
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 | -24.313 % | £-41,939 | £130,560 |
| 3 Month Average | -22.806 % | £-39,340 | £133,159 |
| 6 Month Average | -33.257 % | £-57,367 | £115,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £430,000 | £430,000 | 14 SELWOOD ROAD |
| 14 Sep 2023 | £422,401 | £417,000 | 14 JENNINGS CLOSE |
| 9 Jun 2023 | £318,862 | £315,000 | 17 SELWOOD ROAD |
| 13 Apr 2023 | £174,378 | £172,500 | FLAT 1 HIGH VIEW VICTORIA ROAD |
| 10 Feb 2023 | £334,775 | £335,000 | ALWAZE VICTORIA ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Jul 2013. Using an estimated price of £174,378 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on VICTORIA ROAD is 116 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Everard Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Camp Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Camp Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jubilee Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Jubilee Close |