£586,712
This estimated value is based upon the latest sale price for the house of £580,000 on 29 Feb 2024. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £580,000 | 29 Feb 2024 |
| £396,000 | 15 Jun 2012 |
| £385,000 | 5 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,016 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 February 2024 the House Price Index for ISLE OF WIGHT was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £580,000 results in an estimated price of approximately £586,712.
| 29 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.6 | 1.157 % | £580,000 | £6,712 | £586,712 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | -32.406 % | £-187,952 | £392,047 |
| 3 Month Average | -3.267 % | £-18,946 | £561,053 |
| 6 Month Average | 3.594 % | £20,844 | £600,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £580,075 | £575,000 | 12 QUARR CLOSE |
| 28 Jul 2023 | £273,683 | £270,000 | 3 NEWNHAM ROAD |
| 7 Feb 2023 | £649,563 | £650,000 | 1 QUARR PLACE |
| 27 Jan 2023 | £681,788 | £685,000 | WYCHWOOD QUARR HILL |
| 20 Dec 2021 | £1,071 | £1,000 | PENGOLD CHURCH ROAD |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 1 Feb 2011.
The average size of a house on QUARR ROAD is 230 sq meters (2,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abbots Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbots Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarr Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quarr Hill |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Cemetery Road |