£155,856
This estimated value is based upon the latest sale price for the house of £125,800 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £125,800 | 29 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 832 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 2018 the House Price Index for ISLE OF WIGHT was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £125,800 results in an estimated price of approximately £155,856.
| 29 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £125,800 | £30,056 | £155,856 |
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 | 0.570 % | £716 | £126,516 |
| 3 Month Average | 19.885 % | £25,015 | £150,815 |
| 6 Month Average | 37.245 % | £46,854 | £172,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £139,288 | £137,500 | 6 KINGSLEA PARK |
| 31 Mar 2023 | £246,332 | £245,000 | 6 THE MEADOW |
| 30 Mar 2023 | £204,103 | £203,000 | 20 KINGSLEA PARK |
| 2 Sep 2022 | £168,451 | £170,500 | 20 WATERSIDE CLOSE |
| 8 Jun 2022 | £356,109 | £352,500 | 59 KINGSLEA PARK |
This house has a floor area of 77 sq meters or 832 sq feet when measured on 25 Jun 2011. Using an estimated price of £155,856 means this house is valued at £2,014 per sq meter (£187 per sq foot).
The average size of a house on WATERSIDE CLOSE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Waterside Close |
| Mar 2024 | Other crime | Under investigation | On or near The Meadow |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Wilfred Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farm Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farm Lane |