£746,697
This estimated value is based upon the latest sale price for the house of £249,950 on 18 Apr 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 |
|---|---|
| £249,950 | 18 Apr 2002 |
| Flats/Maisonettes |
| Leasehold |
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 April 2002 the House Price Index for ISLE OF WIGHT was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £249,950 results in an estimated price of approximately £746,697.
| 18 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £249,950 | £496,747 | £746,697 |
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 | 60.983 % | £152,426 | £402,376 |
| 3 Month Average | 123.334 % | £308,273 | £558,223 |
| 6 Month Average | 158.714 % | £396,706 | £646,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £261,877 | £258,000 | FLAT 3 AFTON DOWN HOUSE COASTGUARD LANE |
| 4 Sep 2023 | £471,022 | £465,000 | FLAT 3 ST MARTINS AFTON DOWN |
| 31 Mar 2023 | £646,087 | £640,000 | WAGTAILS BAY ROAD |
| 9 Jan 2023 | £2,438,513 | £2,450,000 | ALBION HOTEL FRESHWATER BAY |
| 7 Apr 2022 | £184,628 | £179,285 | GARA BAY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Greystones Lane | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greystones Lane |
| Jan 2024 | Anti-social behaviour | On or near Coastguard Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coastguard Lane |
| Jan 2024 | Anti-social behaviour | On or near Coastguard Lane |