£2,290,809
This estimated value is based upon the latest sale price for the house of £1,550,000 on 24 Feb 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £1,550,000 | 24 Feb 2015 |
| Freehold |
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 February 2015 the House Price Index for ISLE OF WIGHT was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £1,550,000 results in an estimated price of approximately £2,290,809.
| 24 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £1,550,000 | £740,809 | £2,290,809 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 81.047 % | £1,256,232 | £2,806,232 |
| 3 Month Average | 50.121 % | £776,870 | £2,326,870 |
| 6 Month Average | 23.678 % | £367,003 | £1,917,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £152,254 | £150,000 | FLAT 2 THE DOLPHIN, 49 QUAY STREET |
| 20 Sep 2023 | £212,720 | £210,000 | 8 - 8A HIGH STREET |
| 15 Sep 2023 | £391,581 | £386,574 | 42 QUAY STREET |
| 17 Mar 2023 | £53,504 | £53,000 | FLAT 8 SAVOY COURT TOWN LANE |
| 18 Jan 2023 | £94,555 | £95,000 | FLAT 4 132 PYLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightclub |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Nightclub |
| Mar 2024 | Other theft | Under investigation | On or near Nightclub |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nightclub |
| Mar 2024 | Possession of weapons | Under investigation | On or near Nightclub |