£417,033
This estimated value is based upon the latest sale price for the house of £245,000 on 23 Jul 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 23 Jul 2012 |
| £237,000 | 13 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 661 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 2012 the House Price Index for ISLE OF WIGHT was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £245,000 results in an estimated price of approximately £417,033.
| 23 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £245,000 | £172,033 | £417,033 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 35.274 % | £86,420 | £331,420 |
| 3 Month Average | 30.603 % | £74,978 | £319,978 |
| 6 Month Average | 59.187 % | £145,008 | £390,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £272,383 | £270,000 | SEAVIEW APARTMENTS WOODCLIFFE UNDERCLIFF DRIVE |
| 4 Apr 2023 | £1,263,606 | £1,250,000 | ST LAWRENCE DENE UNDERCLIFF DRIVE |
| 31 Mar 2023 | £222,092 | £220,000 | 2 YELFS COTTAGES SPINDLERS ROAD |
| 1 Feb 2023 | £319,785 | £320,000 | 1 ROCKMOUNT COTTAGES UNDERCLIFF DRIVE |
| 21 Oct 2022 | £633,182 | £640,000 | 1 BARN CLOSE |
This house has a floor area of 61 sq meters or 661 sq feet when measured on 13 Nov 2009. Using an estimated price of £417,034 means this house is valued at £6,782 per sq meter (£630 per sq foot).
The average size of a house on SEVEN SISTERS ROAD is 146 sq meters (1,580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Spindlers Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Undercliff Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Nettlecombe Lane |
| Feb 2024 | Anti-social behaviour | On or near Nettlecombe Lane |