£304,413
This estimated value is based upon the latest sale price for the house of £297,500 on 16 Oct 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 |
|---|---|
| £297,500 | 16 Oct 2023 |
| £180,000 | 2 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 October 2023 the House Price Index for ISLE OF WIGHT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £297,500 results in an estimated price of approximately £304,413.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £297,500 | £6,913 | £304,413 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | 19.563 % | £58,201 | £355,701 |
| 3 Month Average | -26.979 % | £-80,262 | £217,237 |
| 6 Month Average | -28.254 % | £-84,055 | £213,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £312,716 | £310,000 | SUNNYDALE WESTLANDS |
| 8 Mar 2024 | £256,948 | £253,000 | MAIDA COTTAGE COLWELL LANE |
| 15 Nov 2023 | £213,930 | £208,500 | 6 JAMESON GARDENS |
| 16 Oct 2023 | £304,414 | £297,500 | 14 JAMESON GARDENS |
| 21 Aug 2023 | £269,867 | £265,000 | 3 PRINCES CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Aug 2015. Using an estimated price of £304,414 means this house is valued at £3,667 per sq meter (£340 per sq foot).
The average size of a house on JAMESON GARDENS is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Colwell Lane |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Princes Close |
| Aug 2024 | Anti-social behaviour | On or near Elm Close | |
| Aug 2024 | Anti-social behaviour | On or near Elm Close | |
| Aug 2024 | Anti-social behaviour | On or near Elm Close |