£295,054
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Jun 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £275,000 | 14 Jun 2021 |
| £195,000 | 7 Dec 2001 |
| 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 June 2021 the House Price Index for ISLE OF WIGHT was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £275,000 results in an estimated price of approximately £295,054.
| 14 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £275,000 | £20,054 | £295,054 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | -19.312 % | £-53,106 | £221,893 |
| 3 Month Average | -9.342 % | £-25,689 | £249,310 |
| 6 Month Average | -15.414 % | £-42,389 | £232,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £61,068 | £60,000 | FLAT 1 ST JAMES COURT, 52 LUGLEY STREET |
| 29 Aug 2023 | £272,383 | £270,000 | 10 - 11 CROCKER STREET |
| 17 Aug 2022 | £2,717,685 | £2,725,000 | 23 LUGLEY STREET |
| 27 Jan 2022 | £121,027 | £115,000 | 2 POST HOUSE COTTAGES HOLYROOD STREET |
| 7 Jan 2022 | £94,717 | £90,000 | FLAT 5 HELLERSLEA COURT, 3 LUGLEY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chain Lane |
| Mar 2024 | Shoplifting | Under investigation | On or near High Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near High Street |
| Mar 2024 | Anti-social behaviour | On or near High Street | |
| Feb 2024 | Anti-social behaviour | On or near High Street |