£279,306
This estimated value is based upon the latest sale price for the house of £278,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Bath Road
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| Price Paid | Date |
|---|---|
| £278,000 | 12 Aug 2022 |
| £219,000 | 19 Dec 2018 |
| £93,000 | 8 Sep 2000 |
| £48,000 | 16 Sep 1996 |
| 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 August 2022 the House Price Index for ISLE OF WIGHT was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £278,000 results in an estimated price of approximately £279,306.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £278,000 | £1,306 | £279,306 |
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 | 39.963 % | £111,097 | £389,097 |
| 3 Month Average | 13.023 % | £36,204 | £314,204 |
| 6 Month Average | 3.010 % | £8,368 | £286,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £237,059 | £235,000 | FLAT 42 OSBORNE COURT THE PARADE |
| 1 Dec 2023 | £680,923 | £660,000 | TRINITY HOUSE THE GROVE |
| 24 Oct 2023 | £225,113 | £220,000 | FLAT 8 TUDOR HOUSE BATH ROAD |
| 14 Sep 2023 | £265,861 | £260,000 | BARS HILL COTTAGE BARS HILL |
| 12 Sep 2023 | £94,074 | £92,000 | THE MARINE GALLERY TUDOR BUILDINGS BATH ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Oct 2018. Using an estimated price of £279,306 means this house is valued at £3,285 per sq meter (£305 per sq foot).
The average size of a house on BATH ROAD is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Bath Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bath Road |
| Apr 2024 | Anti-social behaviour | On or near Bath Road | |
| Apr 2024 | Anti-social behaviour | On or near Bath Road | |
| Apr 2024 | Anti-social behaviour | On or near Bath Road |