£84,690
This estimated value is based upon the latest sale price for the house of £49,500 on 10 Jun 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £49,500 | 10 Jun 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 491 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 June 2011 the House Price Index for ISLE OF WIGHT was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £49,500 results in an estimated price of approximately £84,690.
| 10 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £49,500 | £35,190 | £84,690 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 73.288 % | £36,277 | £85,777 |
| 3 Month Average | 55.600 % | £27,521 | £77,021 |
| 6 Month Average | 45.906 % | £22,723 | £72,223 |
This house has a floor area of 45 sq meters or 491 sq feet when measured on 7 May 2010.
The average size of a house on RONSONS CLOSE is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ronsons Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Love Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Slipway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanyards Lea |