£635,518
This estimated value is based upon the latest sale price for the house of £630,000 on 25 Apr 2024. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £630,000 | 25 Apr 2024 |
| £480,000 | 17 Feb 2011 |
| £150,000 | 26 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,488 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 April 2024 the House Price Index for ISLE OF WIGHT was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £630,000 results in an estimated price of approximately £635,518.
| 25 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £630,000 | £5,518 | £635,518 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | -72.581 % | £-457,258 | £172,741 |
| 3 Month Average | -41.799 % | £-263,334 | £366,665 |
| 6 Month Average | -30.559 % | £-192,523 | £437,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £635,519 | £630,000 | 1 GREENWAYS |
| 22 Mar 2024 | £269,135 | £265,000 | FLAT 5 PINE RIDGE COURT WARD ROAD |
| 31 Oct 2023 | £255,810 | £250,000 | FLAT 7 PINE RIDGE COURT WARD ROAD |
| 8 Aug 2023 | £407,347 | £400,000 | ASHDOWN CHURCH HILL |
| 20 Jan 2023 | £827,210 | £825,000 | 4 GREENWAYS |
This house has a floor area of 138 sq meters or 1,488 sq feet when measured on 18 Aug 2010. Using an estimated price of £635,519 means this house is valued at £4,595 per sq meter (£426 per sq foot).
The average size of a house on GREENWAYS is 215 sq meters (2,315 sq feet).
This house is the smallest in the street with a floor area of 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Greenways |
| Jul 2024 | Anti-social behaviour | On or near Madeira Road | |
| May 2024 | Anti-social behaviour | On or near Madeira Road | |
| May 2024 | Anti-social behaviour | On or near Madeira Road | |
| May 2024 | Anti-social behaviour | On or near Madeira Road |