£118,501
This estimated value is based upon the latest sale price for the house of £42,000 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £42,000 | 26 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 July 2002 the House Price Index for ISLE OF WIGHT was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £42,000 results in an estimated price of approximately £118,501.
| 26 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £42,000 | £76,501 | £118,501 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 77.443 % | £32,526 | £74,526 |
| 3 Month Average | 109.074 % | £45,810 | £87,810 |
| 6 Month Average | 110.786 % | £46,530 | £88,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £185,855 | £183,000 | 15 HALFORD CLOSE |
| 8 Sep 2023 | £209,621 | £205,000 | 174 PEROWNE WAY |
| 15 Aug 2023 | £213,857 | £210,000 | 196 PEROWNE WAY |
| 1 Jul 2022 | £237,379 | £235,000 | 153 PEROWNE WAY |
| 17 Dec 2021 | £243,924 | £226,000 | 192 PEROWNE WAY |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 23 Nov 2021. Using an estimated price of £118,501 means this house is valued at £3,822 per sq meter (£355 per sq foot).
The average size of a house on PEROWNE WAY is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeal'S Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeal'S Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Jeal'S Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeal'S Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Halford Close |