£199,701
This estimated value is based upon the latest sale price for the house of £157,950 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £157,950 | 19 Jan 2018 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2018 the House Price Index for ISLE OF WIGHT was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £157,950 results in an estimated price of approximately £199,701.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £157,950 | £41,751 | £199,701 |
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 | 25.007 % | £39,498 | £197,448 |
| 3 Month Average | 27.661 % | £43,691 | £201,641 |
| 6 Month Average | 27.792 % | £43,896 | £201,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £189,818 | £185,000 | 42 UPTON ROAD |
| 1 Nov 2023 | £261,642 | £255,000 | 2 WREXHAM AVENUE |
| 8 Jun 2023 | £244,908 | £240,000 | 27 GRENVILLE DRIVE |
| 8 Apr 2022 | £226,158 | £218,000 | 14 BETTESWORTH ROAD |
| 4 Mar 2022 | £104,393 | £100,000 | 282A UPTON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 May 2017. Using an estimated price of £199,701 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on GRENVILLE DRIVE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Wrexham Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upton Road |
| Jul 2024 | Public order | Under investigation | On or near Magnolia Drive |