£322,518
This estimated value is based upon the latest sale price for the house of £245,000 on 16 Jan 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 16 Jan 2017 |
| £223,000 | 10 Jan 2007 |
| £125,000 | 30 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2017 the House Price Index for ISLE OF WIGHT was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £245,000 results in an estimated price of approximately £322,518.
| 16 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £245,000 | £77,518 | £322,518 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | -40.670 % | £-99,640 | £145,359 |
| 3 Month Average | 29.677 % | £72,708 | £317,708 |
| 6 Month Average | 36.269 % | £88,858 | £333,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £266,596 | £262,500 | 93 PEROWNE WAY |
| 14 Dec 2023 | £213,562 | £207,000 | 94 PEROWNE WAY |
| 29 Sep 2023 | £190,193 | £186,000 | 98 PEROWNE WAY |
| 25 Aug 2023 | £229,133 | £225,000 | 22 SALISBURY WAY |
| 16 Aug 2023 | £278,014 | £273,000 | 140 PEROWNE WAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Sep 2016. Using an estimated price of £322,519 means this house is valued at £3,544 per sq meter (£329 per sq foot).
The average size of a house on PEROWNE WAY is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stower Place |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Stower Place |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Stower Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stower Place |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Stower Place |