£265,332
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £180,000 | 20 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2015 the House Price Index for ISLE OF WIGHT was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £180,000 results in an estimated price of approximately £265,332.
| 20 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £180,000 | £85,332 | £265,332 |
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 | 35.136 % | £63,245 | £243,245 |
| 3 Month Average | 75.019 % | £135,034 | £315,034 |
| 6 Month Average | 86.064 % | £154,914 | £334,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £381,650 | £376,000 | 19 WOODLAND GROVE |
| 28 Aug 2022 | £538,550 | £540,000 | ELSTED HEATHFIELD ROAD |
| 5 Jul 2022 | £10,027 | £10,000 | 62 STEYNE ROAD |
| 27 May 2022 | £377,106 | £370,000 | 4 LYNCHENS CLOSE |
| 12 May 2022 | £509,602 | £500,000 | 58 STEYNE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Feb 2015. Using an estimated price of £265,332 means this house is valued at £3,960 per sq meter (£367 per sq foot).
There is one other house on the street which we know the size of, this is OSNEY COTTAGE MILL ROAD it is 108.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Preston Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lynchens Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Way |
| Mar 2024 | Anti-social behaviour | On or near Sycamore Drive |