£747,958
This estimated value is based upon the latest sale price for the house of £425,000 on 29 Oct 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£425,000 | 29 Oct 2009 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,582 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 October 2009 the House Price Index for ISLE OF WIGHT was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £425,000 results in an estimated price of approximately £747,958.
29 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 148.6 | 75.990 % | £425,000 | £322,958 | £747,958 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 32.819 % | £139,480 | £564,480 |
3 Month Average | 23.352 % | £99,245 | £524,245 |
6 Month Average | 52.515 % | £223,188 | £648,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £350,184 | £345,000 | MEADOWSIDE NEWPORT ROAD |
25 Aug 2023 | £181,589 | £180,000 | EDELBROCK NEWPORT ROAD |
21 Jul 2023 | £344,638 | £340,000 | 49 DOWNLAND VIEW |
6 Mar 2023 | £131,236 | £130,000 | FLAT 4 THE GRANARY NEWPORT ROAD |
5 Sep 2022 | £362,076 | £365,000 | BLUE CEDAR WHITECROSS FARM LANE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 19 Nov 2012. Using an estimated price of £747,958 means this house is valued at £5,088 per sq meter (£472 per sq foot).
The average size of a house on NEWPORT ROAD is 98 sq meters (1,065 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lark Rise |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Lark Rise |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lark Rise |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackpan Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackpan Close |