£459,859
This estimated value is based upon the latest sale price for the house of £242,500 on 22 Nov 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £242,500 | 22 Nov 2004 |
| 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 November 2004 the House Price Index for ISLE OF WIGHT was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £242,500 results in an estimated price of approximately £459,859.
| 22 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £242,500 | £217,359 | £459,859 |
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 | 54.090 % | £131,168 | £373,668 |
| 3 Month Average | 35.482 % | £86,044 | £328,544 |
| 6 Month Average | 49.535 % | £120,122 | £362,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2024 | £290,000 | £290,000 | 40 ORCHARD ROAD |
| 23 Nov 2023 | £969,613 | £945,000 | THE HOLLY & THE IVY, 35 VICTORIA AVENUE |
| 28 Sep 2023 | £766,906 | £750,000 | HILLSIDE, 53 ORCHARD ROAD |
| 22 Sep 2023 | £322,100 | £315,000 | 16 ORCHARD ROAD |
| 10 Mar 2023 | £452,558 | £445,000 | 19 ORCHARD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Batts Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Batts Road |
| Aug 2024 | Anti-social behaviour | On or near Furze Hill Road | |
| Aug 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Furze Hill Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Furze Hill Road |