£345,378
This estimated value is based upon the latest sale price for the house of £320,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £320,000 | 10 Dec 2021 |
| £68,000 | 25 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2021 the House Price Index for ISLE OF WIGHT was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £320,000 results in an estimated price of approximately £345,378.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £320,000 | £25,378 | £345,378 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -18.468 % | £-59,098 | £260,901 |
| 3 Month Average | 14.927 % | £47,766 | £367,766 |
| 6 Month Average | 1.771 % | £5,666 | £325,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £245,000 | £245,000 | 47 WHITECROSS AVENUE |
| 7 Aug 2023 | £325,878 | £320,000 | 11 NINHAM CLOSE |
| 23 Jun 2023 | £290,828 | £285,000 | 12 PURSLEY CLOSE |
| 2 Jun 2023 | £321,442 | £315,000 | 1 LOVETT WAY |
| 29 Mar 2023 | £350,859 | £345,000 | 3 PURSLEY CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Jul 2021. Using an estimated price of £345,379 means this house is valued at £4,667 per sq meter (£433 per sq foot).
The average size of a house on NINHAM CLOSE is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rogers |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rogers |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rogers |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rogers |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near The Rogers |