£302,628
This estimated value is based upon the latest sale price for the house of £300,000 on 23 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 |
|---|---|
| £300,000 | 23 Apr 2024 |
| Detached |
| Freehold |
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 £300,000 results in an estimated price of approximately £302,628.
| 23 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £300,000 | £2,628 | £302,628 |
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 | 21.492 % | £64,475 | £364,475 |
| 3 Month Average | -0.316 % | £-948 | £299,051 |
| 6 Month Average | -13.041 % | £-39,123 | £260,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £302,628 | £300,000 | 10 FAIRFIELD WAY |
| 22 Nov 2023 | £328,334 | £320,000 | 30 FAIRFIELD WAY |
| 24 Feb 2023 | £281,883 | £280,000 | 29A THE AVENUE |
| 14 Jul 2022 | £454,555 | £450,000 | 5 FAIRFIELD PARK |
| 5 Jul 2022 | £353,543 | £350,000 | 7 FAIRFIELD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Roselands |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Roselands |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Roselands |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Roselands |
| Jul 2024 | Public order | Action to be taken by another organisation | On or near Roselands |