£136,292
This estimated value is based upon the latest sale price for the house of £82,500 on 24 May 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £82,500 | 24 May 2013 |
| £64,500 | 25 Jan 2002 |
| Detached |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2013 the House Price Index for ISLE OF WIGHT was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £82,500 results in an estimated price of approximately £136,292.
| 24 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £82,500 | £53,792 | £136,292 |
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 | 33.792 % | £27,878 | £110,378 |
| 3 Month Average | 84.175 % | £69,444 | £151,944 |
| 6 Month Average | 65.519 % | £54,053 | £136,553 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Mar 2013.
The average size of a house on BANK GARDENS is 62 sq meters (669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Gardens |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Bank Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Gardens |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Bank Gardens |