£348,674
This estimated value is based upon the latest sale price for the house of £214,000 on 2 Mar 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £214,000 | 2 Mar 2007 |
| Detached |
| Freehold |
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 March 2007 the House Price Index for ISLE OF WIGHT was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £214,000 results in an estimated price of approximately £348,674.
| 2 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £214,000 | £134,674 | £348,674 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 34.596 % | £74,034 | £288,034 |
| 3 Month Average | 35.934 % | £76,899 | £290,899 |
| 6 Month Average | 40.589 % | £86,860 | £300,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £327,213 | £320,000 | 131 BINSTEAD LODGE ROAD |
| 26 Jan 2022 | £349,865 | £330,000 | 135 BINSTEAD LODGE ROAD |
| 21 Jan 2022 | £291,555 | £275,000 | 137 BINSTEAD LODGE ROAD |
| 30 Jun 2021 | £297,238 | £275,000 | 23 BIRCH GARDENS |
| 15 Dec 2020 | £190,775 | £165,000 | 8 FLEET CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Stonelands Orchard |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Stonelands Orchard |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granary Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Meadowbrook |