£327,213
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Sep 2023. 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 Sep 2023 |
| £215,000 | 14 Dec 2005 |
| Detached |
| 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 September 2023 the House Price Index for ISLE OF WIGHT was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £320,000 results in an estimated price of approximately £327,213.
| 28 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £320,000 | £7,213 | £327,213 |
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 | -14.031 % | £-44,900 | £275,099 |
| 3 Month Average | -11.561 % | £-36,993 | £283,006 |
| 6 Month Average | -2.647 % | £-8,471 | £311,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £261,642 | £255,000 | 6 FLEET CLOSE |
| 24 Nov 2023 | £220,600 | £215,000 | 8 HAWTHORN CLOSE |
| 28 Sep 2023 | £327,213 | £320,000 | 131 BINSTEAD LODGE ROAD |
| 7 Sep 2023 | £173,832 | £170,000 | 114 BINSTEAD LODGE ROAD |
| 1 Aug 2023 | £211,820 | £208,000 | 106A BINSTEAD LODGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Road |
| Jul 2024 | Other crime | Under investigation | On or near Stonelands Orchard |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Stonelands Orchard |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellington Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |