£457,137
This estimated value is based upon the latest sale price for the house of £455,000 on 18 Aug 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Bittern Place
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| Price Paid | Date |
|---|---|
| £455,000 | 18 Aug 2022 |
| £249,950 | 19 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,343 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 August 2022 the House Price Index for ISLE OF WIGHT was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £455,000 results in an estimated price of approximately £457,137.
| 18 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £455,000 | £2,137 | £457,137 |
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 | 9.523 % | £43,329 | £498,329 |
| 3 Month Average | 0.565 % | £2,570 | £457,570 |
| 6 Month Average | 1.339 % | £6,092 | £461,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £383,715 | £375,000 | 17 HERON SQUARE |
| 17 Feb 2023 | £402,690 | £400,000 | 21 HERON SQUARE |
| 18 Jan 2023 | £641,715 | £640,000 | 18 HERON SQUARE |
| 18 Aug 2022 | £457,138 | £455,000 | 17 CORMORANT GROVE |
| 29 Apr 2022 | £404,595 | £390,000 | 16 REDSHANK WAY |
This house has a floor area of 124 sq meters or 1,343 sq feet when measured on 5 Nov 2008. Using an estimated price of £457,138 means this house is valued at £3,662 per sq meter (£340 per sq foot).
The average size of a house on CORMORANT GROVE is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Bittern Place |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Medina Breeze Walk |
| Aug 2024 | Burglary | Under investigation | On or near Medina Breeze Walk |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Belmont Lane |