£218,322
This estimated value is based upon the latest sale price for the house of £182,000 on 24 Mar 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 |
|---|---|
| £182,000 | 24 Mar 2020 |
| £160,000 | 16 Dec 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 71 sq meters or 771 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 March 2020 the House Price Index for ISLE OF WIGHT was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £182,000 results in an estimated price of approximately £218,322.
| 24 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £182,000 | £36,322 | £218,322 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 3.007 % | £5,472 | £187,472 |
| 3 Month Average | 25.567 % | £46,532 | £228,532 |
| 6 Month Average | 25.024 % | £45,544 | £227,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £377,294 | £375,000 | 24 ARGYLL STREET |
| 26 Jul 2023 | £136,289 | £135,000 | 59A ARGYLL STREET |
| 21 Jul 2023 | £190,805 | £189,000 | 6 KING ARTHUR CLOSE |
| 26 Jun 2023 | £335,218 | £332,500 | 125 ARTHUR STREET |
| 25 Nov 2022 | £329,654 | £335,000 | 113 ARTHUR STREET |
This house has a floor area of 71 sq meters or 771 sq feet when measured on 13 Sep 2011. Using an estimated price of £218,322 means this house is valued at £3,044 per sq meter (£282 per sq foot).
The average size of a house on ARTHUR STREET is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Arthur Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argyll Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Argyll Place |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Road |