£509,786
This estimated value is based upon the latest sale price for the house of £412,500 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £412,500 | 19 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 December 2019 the House Price Index for ISLE OF WIGHT was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £412,500 results in an estimated price of approximately £509,786.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £412,500 | £97,286 | £509,786 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 163.679 % | £675,177 | £1,087,677 |
| 3 Month Average | 29.036 % | £119,775 | £532,275 |
| 6 Month Average | 29.422 % | £121,365 | £533,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £174,176 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
| 15 Nov 2023 | £230,860 | £225,000 | 29 EDINBURGH ROAD |
| 28 Sep 2023 | £112,480 | £110,000 | 7B ORCHARD CLOSE |
| 22 Sep 2023 | £112,480 | £110,000 | 7 WOODLAND COURT ORCHARD CLOSE |
| 12 Oct 2022 | £371,260 | £372,500 | GREEN HAILEY HOOKE HILL |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 5 Dec 2019. Using an estimated price of £509,786 means this house is valued at £4,357 per sq meter (£404 per sq foot).
The average size of a house on HOOKE CLOSE is 146 sq meters (1,576 sq feet).
This house is the smallest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Orchard Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Aug 2024 | Burglary | Under investigation | On or near Hooke Hill |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near The Crundles |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Road |