£205,804
This estimated value is based upon the latest sale price for the house of £156,000 on 10 Oct 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £156,000 | 10 Oct 2016 |
| £195,000 | 10 Oct 2016 |
| Terraced |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 2016 the House Price Index for ISLE OF WIGHT was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £156,000 results in an estimated price of approximately £205,804.
| 10 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £156,000 | £49,804 | £205,804 |
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 | 1.083 % | £1,689 | £157,689 |
| 3 Month Average | 13.635 % | £21,269 | £177,269 |
| 6 Month Average | 24.763 % | £38,629 | £194,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £222,861 | £220,000 | 13 VICTORIA GROVE |
| 1 Mar 2023 | £2,011 | £2,000 | 41 - 43 VICTORIA GROVE |
| 13 Jan 2023 | £224,032 | £226,000 | 76 ST DAVIDS ROAD |
| 20 Oct 2022 | £177,364 | £180,000 | 81 GRANGE ROAD |
| 22 Jul 2022 | £209,717 | £210,000 | 105 ADELAIDE GROVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Jun 2016. Using an estimated price of £205,804 means this house is valued at £1,941 per sq meter (£180 per sq foot).
The average size of a house on VICTORIA GROVE is 130 sq meters (1,401 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pump House Lane |
| Feb 2024 | Anti-social behaviour | On or near Pump House Lane | |
| Feb 2024 | Anti-social behaviour | On or near Pump House Lane | |
| Feb 2024 | Anti-social behaviour | On or near Pump House Lane | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pump House Lane |