£233,575
This estimated value is based upon the latest sale price for the house of £52,000 on 1 Apr 1999. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £52,000 | 1 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 1999 the House Price Index for ISLE OF WIGHT was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £52,000 results in an estimated price of approximately £233,575.
| 1 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £52,000 | £181,575 | £233,575 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 309.039 % | £160,700 | £212,700 |
| 3 Month Average | 315.077 % | £163,839 | £215,839 |
| 6 Month Average | 311.838 % | £162,155 | £214,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £182,809 | £180,000 | 15 FAIRMOUNT DRIVE |
| 23 Jun 2023 | £255,061 | £249,950 | 30 COOPER ROAD |
| 20 Feb 2023 | £291,950 | £290,000 | 4 CYNTHIA GROVE |
| 31 Jan 2023 | £235,630 | £235,000 | 9 BELLMEAD LANE |
| 25 Jan 2023 | £300,804 | £300,000 | 48 COOPER ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 26 Aug 2016. Using an estimated price of £233,576 means this house is valued at £2,624 per sq meter (£243 per sq foot).
The average size of a house on FAIRMOUNT DRIVE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oak Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oak Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cynthia Grove |
| Oct 2024 | Other crime | Further action is not in the public interest | On or near Cynthia Grove |