£293,795
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Jul 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £160,000 | 24 Jul 2009 |
| £160,000 | 24 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 62 sq meters or 677 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 2009 the House Price Index for ISLE OF WIGHT was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £160,000 results in an estimated price of approximately £293,795.
| 24 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £160,000 | £133,795 | £293,795 |
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 | 15.874 % | £25,397 | £185,397 |
| 3 Month Average | 39.903 % | £63,845 | £223,845 |
| 6 Month Average | 42.111 % | £67,377 | £227,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £136,183 | £135,000 | FLAT 10 SHIDE VILLA, 132 MEDINA AVENUE |
| 28 Nov 2023 | £189,818 | £185,000 | 47 SHIDE ROAD |
| 14 Sep 2023 | £460,143 | £450,000 | 35 COLLEGE ROAD |
| 8 Mar 2023 | £330,520 | £325,000 | 10 COLLEGE ROAD |
| 3 Mar 2023 | £447,473 | £440,000 | 128 MEDINA AVENUE |
This house has a floor area of 62 sq meters or 677 sq feet when measured on 17 Apr 2009. Using an estimated price of £293,795 means this house is valued at £4,670 per sq meter (£433 per sq foot).
There is one other house on the street which we know the size of, this is HAZELMERE SHIDE PATH it is 83.43
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chestnut Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnt House Lane |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burnt House Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnt House Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dairy Lane |