£244,526
This estimated value is based upon the latest sale price for the house of £149,000 on 27 Feb 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£149,000 | 27 Feb 2007 |
£51,650 | 3 Apr 1997 |
£40,000 | 25 Jan 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 February 2007 the House Price Index for ISLE OF WIGHT was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £149,000 results in an estimated price of approximately £244,526.
27 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 149.7 | 64.111 % | £149,000 | £95,526 | £244,526 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 13.867 % | £20,662 | £169,662 |
3 Month Average | 37.517 % | £55,899 | £204,899 |
6 Month Average | 63.262 % | £94,261 | £243,261 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £548,934 | £535,000 | SEPTEMBER COTTAGE DENNETT ROAD |
11 Sep 2023 | £301,650 | £295,000 | 59 HIGH STREET |
23 Jun 2023 | £540,838 | £530,000 | 9 BEMBRIDGE HOUSE CLOSE |
31 Mar 2023 | £759,077 | £746,400 | 51 HIGH STREET |
2 Mar 2023 | £162,717 | £160,000 | 8 GRANGE GARDENS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Feb 2014. Using an estimated price of £244,526 means this house is valued at £3,704 per sq meter (£344 per sq foot).
The average size of a house on HIGH STREET is 136 sq meters (1,467 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dennett Road |
Jun 2024 | Drugs | Offender given a caution | On or near Manna Road |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Pelham Close |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |