£261,522
This estimated value is based upon the latest sale price for the house of £46,000 on 22 Mar 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£46,000 | 22 Mar 1996 |
Detached |
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 March 1996 the House Price Index for ISLE OF WIGHT was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 468.526%.Applying this 468.526% change to the original purchase price of £46,000 results in an estimated price of approximately £261,522.
22 Mar 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 149.7 | 468.526 % | £46,000 | £215,522 | £261,522 |
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 | 525.925 % | £241,925 | £287,925 |
3 Month Average | 474.924 % | £218,464 | £264,464 |
6 Month Average | 444.128 % | £204,298 | £250,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £282,162 | £275,000 | BRAMBLES HIGH STREET |
11 Oct 2023 | £71,627 | £70,000 | ISLE OF WIGHT FLOWERS AVENUE ROAD |
17 Feb 2023 | £302,017 | £300,000 | ROSEDENE HIGH STREET |
5 Aug 2022 | £514,908 | £512,500 | 8 THE NURSERIES |
7 Jun 2022 | £173,713 | £170,000 | TWYMANS CORNER HIGH STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near High Street |
Jul 2024 | Public order | Under investigation | On or near Highview |
Jul 2024 | Burglary | Unable to prosecute suspect | On or near Coopers Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coopers Close |