£311,988
This estimated value is based upon the latest sale price for the house of £84,950 on 19 Sep 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£84,950 | 19 Sep 2000 |
Semi-Detached |
Freehold |
Floor Area: 50 sq meters or 538 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 September 2000 the House Price Index for ISLE OF WIGHT was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £84,950 results in an estimated price of approximately £311,988.
19 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 148.6 | 267.261 % | £84,950 | £227,038 | £311,988 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | 352.767 % | £299,675 | £384,625 |
3 Month Average | 121.114 % | £102,885 | £187,835 |
6 Month Average | 157.735 % | £133,996 | £218,946 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £284,208 | £280,000 | 25 THE VINEYARD |
27 Oct 2022 | £529,301 | £535,000 | SCHOOL HOUSE TATTELS LANE |
4 Oct 2022 | £613,395 | £620,000 | NEW HOUSE COTTAGE MAIN ROAD |
7 Jun 2022 | £309,372 | £305,000 | 24 THE VINEYARD |
6 Jun 2022 | £1,369,352 | £1,350,000 | WOOD END MAIN ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 7 Oct 2021. Using an estimated price of £311,988 means this house is valued at £6,239 per sq meter (£579 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blacksmiths Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road East |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Alexandra Road East |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Mount |
Jan 2024 | Anti-social behaviour | On or near Station Road |