£58,417
This estimated value is based upon the latest sale price for the house of £50,000 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £50,000 | 12 Oct 2020 |
| £185,000 | 13 Apr 2006 |
| £169,000 | 26 Jan 2005 |
| £46,000 | 29 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
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 October 2020 the House Price Index for ISLE OF WIGHT was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £50,000 results in an estimated price of approximately £58,417.
| 12 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £50,000 | £8,417 | £58,417 |
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 | 5.240 % | £2,620 | £52,620 |
| 3 Month Average | 12.395 % | £6,197 | £56,197 |
| 6 Month Average | 14.717 % | £7,358 | £57,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £258,316 | £255,000 | 20 CROSS STREET |
| 9 Jun 2023 | £203,651 | £202,000 | 10 MIDDLETON TERRACE |
| 6 Apr 2023 | £181,348 | £180,000 | GROUND FLOOR SHOP 110 HIGH STREET |
| 9 Feb 2023 | £149,294 | £150,000 | 126A HIGH STREET |
| 20 Jan 2023 | £443,603 | £447,500 | VECTIS TAVERN, 103 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near The Cut |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shooters Hill |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Shooters Hill |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shooters Hill |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shooters Hill |