£378,210
This estimated value is based upon the latest sale price for the house of £307,500 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near The Old Forge Close
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£307,500 | 15 Oct 2020 |
£143,000 | 23 Jul 2001 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 October 2020 the House Price Index for ISLE OF WIGHT was 84.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 22.995%.Applying this 22.995% change to the original purchase price of £307,500 results in an estimated price of approximately £378,210.
15 Oct 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 104.3 | 22.995 % | £307,500 | £70,710 | £378,210 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | -39.665 % | £-121,971 | £185,528 |
3 Month Average | 6.451 % | £19,836 | £327,336 |
6 Month Average | 12.703 % | £39,061 | £346,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2024 | £750,246 | £715,000 | PITTSVIEW BINSTEAD HILL |
8 Sep 2023 | £611,340 | £575,000 | 4 WYKEHAM CLOSE |
12 Sep 2022 | £676,597 | £650,000 | 3 QUARRY STONE CLOSE |
26 Jul 2022 | £395,076 | £375,000 | 4 MADEIRA ROW |
24 Jun 2022 | £521,500 | £490,000 | 9 WYKEHAM CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 2 Aug 2019. Using an estimated price of £378,210 means this house is valued at £3,939 per sq meter (£366 per sq foot).
The average size of a house on THE OLD FORGE CLOSE is 129 sq meters (1,396 sq feet).
This house is the smallest in the street with a floor area of 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near The Old Forge Close |
Feb 2025 | Drugs | Local resolution | On or near Quarry Stone Close |
Feb 2025 | Burglary | Unable to prosecute suspect | On or near Pitts Lane |
Jan 2025 | Anti-social behaviour | On or near Granary Close | |
Jan 2025 | Anti-social behaviour | On or near Granary Close |