£286,501
This estimated value is based upon the latest sale price for the house of £232,500 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£232,500 | 23 Nov 2018 |
Terraced |
Freehold |
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 November 2018 the House Price Index for ISLE OF WIGHT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £232,500 results in an estimated price of approximately £286,501.
23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £232,500 | £54,001 | £286,501 |
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 | -24.981 % | £-58,080 | £174,419 |
3 Month Average | 21.677 % | £50,398 | £282,898 |
6 Month Average | 24.058 % | £55,934 | £288,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £324,809 | £320,000 | 30 FAIRFIELD WAY |
15 Nov 2023 | £266,445 | £262,500 | 2 DOWN VIEW CLAYTON ROAD |
24 Jul 2023 | £393,243 | £387,950 | RICHMOND HOUSE AVENUE ROAD |
28 Jul 2022 | £225,607 | £225,000 | 1 OAK VILLAS |
22 Jul 2022 | £280,756 | £280,000 | MERRIE MEADE UPPER PRINCES ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near The Avenue |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Avenue Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avenue Road |
Feb 2024 | Public order | Action to be taken by another organisation | On or near Elm Close |
Feb 2024 | Anti-social behaviour | On or near Elm Close |