£364,449
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Aug 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 |
|---|---|
| £300,000 | 5 Aug 2019 |
| £265,000 | 12 Apr 2016 |
| £247,500 | 30 Apr 2010 |
| £219,000 | 2 Sep 2004 |
| £187,500 | 8 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,298 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 August 2019 the House Price Index for ISLE OF WIGHT was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £300,000 results in an estimated price of approximately £364,449.
| 5 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £300,000 | £64,449 | £364,449 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 33.457 % | £100,370 | £400,370 |
| 3 Month Average | 32.900 % | £98,698 | £398,698 |
| 6 Month Average | 17.123 % | £51,369 | £351,369 |
This house has a floor area of 120 sq meters or 1,298 sq feet when measured on 19 Nov 2009.
The average size of a house on VELSHEDA VIEW is 124 sq meters (1,343 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,298 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Velsheda View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harbour Way |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Harbour Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanyards Lea |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |