£673,898
This estimated value is based upon the latest sale price for the house of £550,800 on 5 Feb 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 |
|---|---|
| £550,800 | 5 Feb 2020 |
| £215,000 | 22 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 310 sq meters or 3,336 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 February 2020 the House Price Index for ISLE OF WIGHT was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £550,800 results in an estimated price of approximately £673,898.
| 5 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £550,800 | £123,098 | £673,898 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 10.001 % | £55,087 | £605,887 |
| 3 Month Average | 21.626 % | £119,117 | £669,917 |
| 6 Month Average | 15.712 % | £86,541 | £637,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £139,769 | £137,700 | APARTMENT 10 HARDY VILLAS, 20 WHITECROFT PARK |
| 26 Sep 2023 | £182,331 | £180,000 | APARTMENT 6 TENNYSON RISE, 1 WHITECROFT PARK |
| 31 Jan 2023 | £243,851 | £245,000 | APARTMENT 11 HARDY VILLAS, 20 WHITECROFT PARK |
| 26 Jul 2022 | £280,756 | £280,000 | 13 WHITECROFT PARK |
| 21 Apr 2022 | £381,026 | £370,000 | QUAINTWAYS |
This house has a floor area of 310 sq meters or 3,336 sq feet when measured on 7 Oct 2021. Using an estimated price of £673,898 means this house is valued at £2,173 per sq meter (£201 per sq foot).
There is one other house on the street which we know the size of, this is MARVEL FARM MARVEL LANE it is 65.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackwater Hollow |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackwater Hollow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near Nunnery Lane | |
| Feb 2024 | Anti-social behaviour | On or near Nunnery Lane |