£320,493
This estimated value is based upon the latest sale price for the house of £194,000 on 31 May 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £194,000 | 31 May 2013 |
| £195,000 | 20 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2013 the House Price Index for ISLE OF WIGHT was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £194,000 results in an estimated price of approximately £320,493.
| 31 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £194,000 | £126,493 | £320,493 |
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 | 33.792 % | £65,556 | £259,556 |
| 3 Month Average | 84.175 % | £163,298 | £357,298 |
| 6 Month Average | 65.519 % | £127,106 | £321,106 |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 9 Oct 2013.
The average size of a house on GREAT PRESTON ROAD is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayward Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Salisbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |
| Feb 2024 | Other crime | Under investigation | On or near Great Preston Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Great Preston Road |