£235,454
This estimated value is based upon the latest sale price for the house of £189,500 on 1 Jul 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£189,500 | 1 Jul 2019 |
£109,000 | 2 Aug 2002 |
£42,000 | 23 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 July 2019 the House Price Index for ISLE OF WIGHT was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £189,500 results in an estimated price of approximately £235,454.
1 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £189,500 | £45,954 | £235,454 |
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 | 64.739 % | £122,680 | £312,180 |
3 Month Average | 22.416 % | £42,478 | £231,978 |
6 Month Average | 17.855 % | £33,835 | £223,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £184,057 | £180,000 | 2 KING ARTHUR CLOSE |
4 Sep 2023 | £281,199 | £275,000 | 24 ARTHUR STREET |
17 Aug 2023 | £381,888 | £375,000 | 24 ARGYLL STREET |
26 Jun 2023 | £339,300 | £332,500 | 125 ARTHUR STREET |
25 Nov 2022 | £333,441 | £335,000 | 113 ARTHUR STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Jun 2018. Using an estimated price of £235,455 means this house is valued at £2,770 per sq meter (£257 per sq foot).
The average size of a house on ARTHUR STREET is 90 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near King Arthur Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near King Arthur Close |
Jun 2024 | Anti-social behaviour | On or near King Arthur Close | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Arthur Close |
Jun 2024 | Anti-social behaviour | On or near King Arthur Close |