£1,053,131
This estimated value is based upon the latest sale price for the house of £606,500 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £606,500 | 2 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 December 2011 the House Price Index for ISLE OF WIGHT was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £606,500 results in an estimated price of approximately £1,053,131.
| 2 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £606,500 | £446,631 | £1,053,131 |
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 | 103.692 % | £628,894 | £1,235,394 |
| 3 Month Average | 65.072 % | £394,661 | £1,001,161 |
| 6 Month Average | 63.907 % | £387,596 | £994,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £466,338 | £454,500 | 6 BRAXTON MEADOW |
| 13 Oct 2023 | £59,348 | £58,000 | UNIT N6 THE WEST BAY CLUB HALLETTS SHUTE |
| 3 Oct 2023 | £94,138 | £92,000 | WHITFIELD P2 THE WEST BAY CLUB HALLETTS SHUTE |
| 2 Oct 2023 | £66,511 | £65,000 | UNIT J6 THE WEST BAY CLUB HALLETTS SHUTE |
| 17 Mar 2023 | £66,104 | £65,000 | UNIT J5 WEST BAY HALLETTS SHUTE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 13 Sep 2010. Using an estimated price of £1,053,132 means this house is valued at £6,052 per sq meter (£562 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Halletts Shute |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halletts Shute |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halletts Shute |
| May 2024 | Drugs | Under investigation | On or near Golden Hill Fort Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Golden Hill Fort Road |