£307,185
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Jan 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 16 Jan 2020 |
| £115,000 | 19 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2020 the House Price Index for ISLE OF WIGHT was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £250,000 results in an estimated price of approximately £307,185.
| 16 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £250,000 | £57,185 | £307,185 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 3.316 % | £8,288 | £258,288 |
| 3 Month Average | 4.107 % | £10,268 | £260,268 |
| 6 Month Average | 13.408 % | £33,520 | £283,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £270,000 | £270,000 | 57 BINSTEAD LODGE ROAD |
| 26 Oct 2023 | £342,785 | £335,000 | 14 PELLVIEW CLOSE |
| 15 Aug 2023 | £346,245 | £340,000 | 9 FLEMING CLOSE |
| 28 Apr 2023 | £305,718 | £300,000 | 3 HILLRISE AVENUE |
| 11 Aug 2022 | £246,151 | £245,000 | 1 PELLVIEW CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Jan 2016. Using an estimated price of £307,186 means this house is valued at £3,792 per sq meter (£352 per sq foot).
The average size of a house on BOURN CLOSE is 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bourn Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dame Anthonys Close |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Dame Anthonys Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dame Anthonys Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Dame Anthonys Close |