£190,864
This estimated value is based upon the latest sale price for the house of £185,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 15 Dec 2023 |
| £125,000 | 2 Sep 2014 |
| £127,500 | 29 May 2008 |
| £105,000 | 6 Feb 2004 |
| £70,500 | 18 May 2001 |
| Terraced |
| 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 December 2023 the House Price Index for ISLE OF WIGHT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £185,000 results in an estimated price of approximately £190,864.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £185,000 | £5,864 | £190,864 |
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 | -28.969 % | £-53,592 | £131,407 |
| 3 Month Average | 25.199 % | £46,618 | £231,618 |
| 6 Month Average | 12.604 % | £23,318 | £208,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £190,865 | £185,000 | 18 FAIRLEE ROAD |
| 11 Oct 2023 | £148,370 | £145,000 | 50 VICTORIA ROAD |
| 23 Nov 2022 | £179,162 | £180,000 | 24 FAIRLEE ROAD |
| 8 Jul 2022 | £282,834 | £280,000 | 41 FAIRLEE ROAD |
| 29 Apr 2022 | £207,484 | £200,000 | 57 FAIRLEE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Victoria Road |
| Sep 2024 | Drugs | Local resolution | On or near Victoria Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near St Paul'S View Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |