£336,748
This estimated value is based upon the latest sale price for the house of £330,000 on 5 Jun 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 |
|---|---|
| £330,000 | 5 Jun 2023 |
| £155,000 | 21 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2023 the House Price Index for ISLE OF WIGHT was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £330,000 results in an estimated price of approximately £336,748.
| 5 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £330,000 | £6,748 | £336,748 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | -1.817 % | £-5,996 | £324,003 |
| 3 Month Average | 3.738 % | £12,336 | £342,336 |
| 6 Month Average | 5.120 % | £16,897 | £346,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £302,683 | £295,000 | 58 SYLVAN AVENUE |
| 5 Jun 2023 | £336,748 | £330,000 | 2 GLOSSOP CLOSE |
| 25 Jul 2022 | £334,350 | £331,000 | 1 CONNAUGHT ROAD |
| 10 Jun 2022 | £145,102 | £142,000 | 24 BIRCH CLOSE |
| 25 Feb 2022 | £322,219 | £305,000 | 9 GLOSSOP CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Apr 2018. Using an estimated price of £336,748 means this house is valued at £3,741 per sq meter (£347 per sq foot).
The average size of a house on GLOSSOP CLOSE is 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near A3021 |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Birch Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Princess Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Connaught Road |