£532,374
This estimated value is based upon the latest sale price for the house of £406,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£406,000 | 16 Dec 2016 |
Detached |
Freehold |
Floor Area: 187 sq meters or 2,012 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 December 2016 the House Price Index for ISLE OF WIGHT was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £406,000 results in an estimated price of approximately £532,374.
16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £406,000 | £126,374 | £532,374 |
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 | -9.779 % | £-39,701 | £366,298 |
3 Month Average | 35.874 % | £145,646 | £551,646 |
6 Month Average | 36.259 % | £147,211 | £553,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £359,598 | £355,000 | 29 PARKWAY |
18 Aug 2023 | £287,515 | £285,000 | 32 PARKWAY |
3 Aug 2022 | £972,383 | £975,000 | HOLLY FARM HALLETTS SHUTE |
31 May 2022 | £229,321 | £225,000 | PLOT 5 NORTON GREEN |
27 May 2022 | £586,043 | £575,000 | 14 GOLDEN HILL FORT COLWELL ROAD |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 3 Sep 2015. Using an estimated price of £532,374 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on NORTON GREEN is 121 sq meters (1,303 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Golden Hill Fort Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monks Lane |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monks Lane |
Mar 2024 | Anti-social behaviour | On or near Colwell Road | |
Mar 2024 | Public order | Under investigation | On or near Colwell Road |