£148,628
This estimated value is based upon the latest sale price for the house of £145,650 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£145,650 | 23 Jun 2023 |
£108,000 | 20 Nov 2015 |
£92,000 | 26 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 June 2023 the House Price Index for ISLE OF WIGHT was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £145,650 results in an estimated price of approximately £148,628.
23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £145,650 | £2,978 | £148,628 |
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 | 14.815 % | £21,577 | £167,227 |
3 Month Average | 6.823 % | £9,938 | £155,588 |
6 Month Average | -22.664 % | £-33,010 | £112,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £98,164 | £96,000 | 6 DOLPHIN COURT SILCOMBE LANE |
23 Jun 2023 | £148,629 | £145,650 | FLAT 1 MERRIFIELD HEATHFIELD ROAD |
6 Mar 2023 | £315,265 | £310,000 | 14 THE SHEILINGS |
21 Feb 2023 | £346,817 | £344,500 | 10 BOUND ROAD |
30 Jan 2023 | £275,737 | £275,000 | 12 ARNHEM ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Jan 2019. Using an estimated price of £148,629 means this house is valued at £1,748 per sq meter (£162 per sq foot).
The average size of a house on HEATHFIELD ROAD is 109 sq meters (1,174 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Under investigation | On or near The Sheilings |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Sheilings |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Sheilings |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Sheilings |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Sheilings |