£377,245
This estimated value is based upon the latest sale price for the house of £244,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£244,000 | 23 May 2014 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 May 2014 the House Price Index for ISLE OF WIGHT was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £244,000 results in an estimated price of approximately £377,245.
23 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £244,000 | £133,245 | £377,245 |
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 | -5.406 % | £-13,191 | £230,808 |
3 Month Average | 44.608 % | £108,842 | £352,842 |
6 Month Average | 36.824 % | £89,849 | £333,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £261,877 | £258,000 | FLAT 3 AFTON DOWN HOUSE COASTGUARD LANE |
15 Sep 2023 | £202,590 | £200,000 | FLAT 8 HAZELHURST GATE LANE |
31 Mar 2023 | £646,087 | £640,000 | WAGTAILS BAY ROAD |
12 Jan 2023 | £310,040 | £311,500 | CRANLEIGH BLACKBRIDGE ROAD |
5 Aug 2022 | £548,524 | £550,000 | BAY SOUND GATE LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 30 Jan 2014. Using an estimated price of £377,246 means this house is valued at £5,803 per sq meter (£539 per sq foot).
The average size of a house on BAY ROAD is 95 sq meters (1,031 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | |
Jan 2024 | Anti-social behaviour | On or near Coastguard 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 |