£394,211
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Aug 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £320,000 | 28 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2018 the House Price Index for ISLE OF WIGHT was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £320,000 results in an estimated price of approximately £394,211.
| 28 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £320,000 | £74,211 | £394,211 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | -18.616 % | £-59,571 | £260,428 |
| 3 Month Average | 4.784 % | £15,310 | £335,310 |
| 6 Month Average | 23.373 % | £74,794 | £394,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £124,600 | £123,000 | 12 COCKERELL RISE |
| 31 Jul 2023 | £164,052 | £162,500 | FLAT 5 ARTHUR COTTAGE YORK AVENUE |
| 26 Jun 2023 | £136,104 | £135,000 | 21 COCKERELL RISE |
| 4 Nov 2022 | £131,370 | £133,500 | 7 COCKERELL RISE |
| 24 Aug 2022 | £59,597 | £60,000 | FLAT 1 ARTHUR COTTAGE YORK AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 26 Jan 2018. Using an estimated price of £394,211 means this house is valued at £3,942 per sq meter (£366 per sq foot).
The average size of a house on VICTORIA GROVE is 129 sq meters (1,390 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near St Joseph'S Close |
| Mar 2024 | Robbery | Under investigation | On or near St Joseph'S Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Joseph'S Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Joseph'S Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Joseph'S Close |