£233,990
This estimated value is based upon the latest sale price for the house of £188,000 on 13 Jun 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £188,000 | 13 Jun 2019 |
| £75,000 | 10 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 June 2019 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £188,000 results in an estimated price of approximately £233,990.
| 13 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £188,000 | £45,990 | £233,990 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 21.903 % | £41,176 | £229,176 |
| 3 Month Average | 42.361 % | £79,638 | £267,638 |
| 6 Month Average | 42.722 % | £80,318 | £268,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £281,199 | £275,000 | CENTRAL HOTEL, 64 HIGH STREET |
| 17 Mar 2023 | £213,567 | £210,000 | 32 ALBERT STREET |
| 12 Aug 2022 | £231,081 | £230,000 | 2 ALBERT STREET |
| 29 Jul 2022 | £256,571 | £254,000 | 44 ALBERT STREET |
| 11 Apr 2022 | £145,239 | £140,000 | FLAT 2 8 ALEXANDRA GARDENS |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 6 Nov 2018. Using an estimated price of £233,991 means this house is valued at £4,978 per sq meter (£462 per sq foot).
The average size of a house on ALEXANDRA GARDENS is 57 sq meters (614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Gardens |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Alexandra Gardens |
| Oct 2024 | Anti-social behaviour | On or near Pier Street | |
| Oct 2024 | Anti-social behaviour | On or near Pier Street | |
| Oct 2024 | Anti-social behaviour | On or near Pier Street |