£353,017
This estimated value is based upon the latest sale price for the house of £345,000 on 2 Oct 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 |
|---|---|
| £345,000 | 2 Oct 2023 |
| Semi-Detached |
| 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 October 2023 the House Price Index for ISLE OF WIGHT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £345,000 results in an estimated price of approximately £353,017.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £345,000 | £8,017 | £353,017 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | 16.553 % | £57,107 | £402,107 |
| 3 Month Average | -42.385 % | £-146,228 | £198,771 |
| 6 Month Average | -3.531 % | £-12,183 | £332,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £353,018 | £345,000 | 19 ORCHARD ROAD |
| 6 Mar 2023 | £361,029 | £355,000 | 5 WYCHWOOD CLOSE |
| 28 Nov 2022 | £388,185 | £390,000 | THE HOMESTEAD ELM CLOSE |
| 13 Oct 2022 | £317,440 | £318,500 | 4 WYCHWOOD CLOSE |
| 30 Jun 2022 | £367,863 | £360,000 | 12 ORCHARD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Green |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Ashtree Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Glade |
| Oct 2024 | Anti-social behaviour | On or near Cedar Wood Drive |