£455,056
This estimated value is based upon the latest sale price for the house of £155,000 on 30 May 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 |
|---|---|
| £155,000 | 30 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 909 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 May 2002 the House Price Index for ISLE OF WIGHT was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £155,000 results in an estimated price of approximately £455,056.
| 30 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £155,000 | £300,056 | £455,056 |
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 | 219.250 % | £339,838 | £494,838 |
| 3 Month Average | 167.621 % | £259,812 | £414,812 |
| 6 Month Average | 169.582 % | £262,851 | £417,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £210,000 | £210,000 | 23 PARKWAY |
| 27 Nov 2023 | £428,374 | £417,500 | CHALKYS RETREAT COLWELL ROAD |
| 11 Sep 2023 | £363,002 | £355,000 | 29 PARKWAY |
| 3 Aug 2022 | £979,580 | £975,000 | HOLLY FARM HALLETTS SHUTE |
| 31 May 2022 | £231,019 | £225,000 | PLOT 5 NORTON GREEN |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 16 Nov 2009. Using an estimated price of £455,057 means this house is valued at £5,384 per sq meter (£500 per sq foot).
The average size of a house on NORTON GREEN is 121 sq meters (1,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Golden Hill Fort Road |
| May 2024 | Drugs | Under investigation | On or near Golden Hill Fort Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Heathfield Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Colwell Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Colwell Road |