£579,232
This estimated value is based upon the latest sale price for the house of £215,000 on 19 Sep 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £215,000 | 19 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,634 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 September 2002 the House Price Index for ISLE OF WIGHT was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £215,000 results in an estimated price of approximately £579,232.
| 19 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £215,000 | £364,232 | £579,232 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 217.766 % | £468,196 | £683,196 |
| 3 Month Average | 132.682 % | £285,266 | £500,266 |
| 6 Month Average | 160.717 % | £345,542 | £560,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,342 | £300,000 | 2 ROSEMEAD PLACE |
| 1 Dec 2023 | £437,658 | £430,000 | 82A FORELAND ROAD |
| 16 Nov 2023 | £397,891 | £392,000 | 7 WALLS ROAD |
| 2 Nov 2023 | £568,415 | £560,000 | 7 ST LUKES DRIVE |
| 6 Sep 2023 | £577,382 | £570,000 | BROOKLANDS COTTAGE LANE END ROAD |
This house has a floor area of 151 sq meters or 1,634 sq feet when measured on 31 Jan 2012. Using an estimated price of £579,233 means this house is valued at £3,813 per sq meter (£354 per sq foot).
The average size of a house on WALLS ROAD is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Walls Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walls Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walls Road |
| Mar 2024 | Anti-social behaviour | On or near Sycamore Drive | |
| Mar 2024 | Anti-social behaviour | On or near Sycamore Drive |