£218,665
This estimated value is based upon the latest sale price for the house of £159,000 on 12 Feb 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 |
|---|---|
| £159,000 | 12 Feb 2016 |
| £121,450 | 27 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 February 2016 the House Price Index for ISLE OF WIGHT was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £159,000 results in an estimated price of approximately £218,665.
| 12 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £159,000 | £59,665 | £218,665 |
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 | 80.217 % | £127,545 | £286,545 |
| 3 Month Average | 48.158 % | £76,571 | £235,571 |
| 6 Month Average | 37.036 % | £58,887 | £217,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £253,901 | £250,000 | 174 NEWPORT ROAD |
| 18 Mar 2024 | £223,433 | £220,000 | 106 NEWPORT ROAD |
| 6 Oct 2023 | £219,997 | £215,000 | 11 STANLEY ROAD |
| 29 Mar 2023 | £213,567 | £210,000 | 10 STANLEY ROAD |
| 3 Jan 2023 | £270,723 | £270,000 | 96 NEWPORT ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 May 2013. Using an estimated price of £218,666 means this house is valued at £3,526 per sq meter (£327 per sq foot).
The average size of a house on NEWPORT ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Road |
| Jun 2024 | Theft from the person | Action to be taken by another organisation | On or near Tennyson Road |
| May 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Tennyson Road |