£1,152,684
This estimated value is based upon the latest sale price for the house of £950,000 on 19 Mar 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £950,000 | 19 Mar 2020 |
| Freehold |
| Floor Area: 290 sq meters or 3,121 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 March 2020 the House Price Index for ISLE OF WIGHT was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £950,000 results in an estimated price of approximately £1,152,684.
| 19 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £950,000 | £202,684 | £1,152,684 |
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 | -10.303 % | £-97,877 | £852,122 |
| 3 Month Average | 18.463 % | £175,395 | £1,125,395 |
| 6 Month Average | 16.116 % | £153,100 | £1,103,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £425,000 | £425,000 | 67 ASH LANE |
| 31 Jan 2023 | £145,388 | £145,000 | BARNS END CALBOURNE ROAD |
| 11 Aug 2022 | £366,715 | £365,000 | 36 ASH LANE |
| 10 Aug 2022 | £271,268 | £270,000 | 17 FOREST HILLS |
| 20 Jul 2022 | £393,947 | £390,000 | 28 ASH LANE |
This house has a floor area of 290 sq meters or 3,121 sq feet when measured on 29 May 2017. Using an estimated price of £1,152,685 means this house is valued at £3,974 per sq meter (£369 per sq foot).
The average size of a house on FOREST ROAD is 134 sq meters (1,443 sq feet).
This house is the largest in the street with a floor area of 290 sq meters (3,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Lane |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Ash Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Close |