£547,126
This estimated value is based upon the latest sale price for the house of £380,000 on 17 Aug 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 |
|---|---|
| £380,000 | 17 Aug 2015 |
| Detached |
| Freehold |
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 August 2015 the House Price Index for ISLE OF WIGHT was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £380,000 results in an estimated price of approximately £547,126.
| 17 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £380,000 | £167,126 | £547,126 |
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 | -15.218 % | £-57,829 | £322,170 |
| 3 Month Average | 22.798 % | £86,632 | £466,632 |
| 6 Month Average | 30.608 % | £116,311 | £496,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £641,278 | £625,000 | APRIL COTTAGE, 8 THE ORCHARD |
| 30 Oct 2023 | £306,972 | £300,000 | 21 WILBERFORCE ROAD |
| 21 Aug 2023 | £527,514 | £518,000 | 1 THE MILL MILL LANE |
| 8 Aug 2023 | £336,061 | £330,000 | 37 WILBERFORCE ROAD |
| 2 Mar 2023 | £432,218 | £425,000 | 11 WILBERFORCE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Meadows Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Military Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hollis Drive |