£652,081
This estimated value is based upon the latest sale price for the house of £585,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£585,000 | 15 Oct 2021 |
£490,000 | 6 Nov 2019 |
£119,000 | 8 May 1997 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 October 2021 the House Price Index for ISLE OF WIGHT was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £585,000 results in an estimated price of approximately £652,081.
15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £585,000 | £67,081 | £652,081 |
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 | -23.084 % | £-135,039 | £449,960 |
3 Month Average | -1.482 % | £-8,669 | £576,330 |
6 Month Average | 1.769 % | £10,350 | £595,350 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £338,595 | £330,000 | 135 PALLANCE ROAD |
3 Nov 2023 | £359,116 | £350,000 | HIGHFIELD PALLANCE LANE |
21 Aug 2023 | £290,235 | £285,000 | 139A PALLANCE ROAD |
5 May 2022 | £420,967 | £410,000 | 106A PALLANCE ROAD |
6 Apr 2022 | £373,472 | £360,000 | 107 PALLANCE ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 30 Jun 2016. Using an estimated price of £652,081 means this house is valued at £5,175 per sq meter (£480 per sq foot).
The average size of a house on PALLANCE GATE is 164 sq meters (1,773 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillis Gate Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Noke Common |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newport Road |
Jun 2024 | Violence and sexual offences | Local resolution | On or near Newport Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newport Road |