£493,449
This estimated value is based upon the latest sale price for the house of £123,000 on 11 Jan 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£123,000 | 11 Jan 2000 |
Terraced |
Freehold |
Floor Area: 169 sq meters or 1,819 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 January 2000 the House Price Index for ISLE OF WIGHT was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £123,000 results in an estimated price of approximately £493,449.
11 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.3 | 149.7 | 301.178 % | £123,000 | £370,449 | £493,449 |
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 | 313.570 % | £385,690 | £508,690 |
3 Month Average | 277.524 % | £341,354 | £464,354 |
6 Month Average | 264.412 % | £325,226 | £448,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £411,320 | £405,000 | 1 GURNARD HEIGHTS |
22 Apr 2023 | £1,345,160 | £1,320,000 | 116 BARING ROAD |
14 Apr 2022 | £347,536 | £335,000 | APARTMENT 1 WESTPOINT, 99 BARING ROAD |
1 Apr 2022 | £389,033 | £375,000 | WOODVALE LODGE, 7 WOODVALE ROAD |
22 Dec 2020 | £393,111 | £340,000 | APARTMENT 7 WESTPOINT 99 BARING ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 4 Feb 2016. Using an estimated price of £493,450 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on WOODVALE ROAD is 134 sq meters (1,451 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Cow Lane |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cow Lane |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cow Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cow Lane |
Jul 2024 | Public order | Under investigation | On or near Shore Road |