£274,963
This estimated value is based upon the latest sale price for the house of £70,500 on 15 Mar 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £70,500 | 15 Mar 2000 |
| £39,500 | 31 Oct 1996 |
| Terraced |
| 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 March 2000 the House Price Index for ISLE OF WIGHT was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £70,500 results in an estimated price of approximately £274,963.
| 15 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 149.7 | 290.019 % | £70,500 | £204,463 | £274,963 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 308.521 % | £217,507 | £288,007 |
| 3 Month Average | 246.857 % | £174,034 | £244,534 |
| 6 Month Average | 252.584 % | £178,071 | £248,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £210,339 | £205,000 | FLAT 4 BROOKLYN HOUSE, 48 NEWPORT ROAD |
| 30 Nov 2023 | £318,074 | £310,000 | 59 NEWPORT ROAD |
| 29 Nov 2023 | £410,418 | £400,000 | 45 NEWPORT ROAD |
| 22 Aug 2023 | £137,480 | £135,000 | 2 TRENT MEWS |
| 21 Aug 2023 | £218,949 | £215,000 | 11 TRENT MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Smithards Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stephenson Road |
| Jul 2024 | Anti-social behaviour | On or near Arctic Road | |
| Jul 2024 | Anti-social behaviour | On or near Arctic Road | |
| Jul 2024 | Anti-social behaviour | On or near Arctic Road |