£366,264
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Aug 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 5 Aug 2014 |
| £240,000 | 6 Sep 2010 |
| £89,450 | 22 Jan 1999 |
| £50,000 | 28 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,125 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 2014 the House Price Index for ISLE OF WIGHT was 98.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 49.496%.Applying this 49.496% change to the original purchase price of £245,000 results in an estimated price of approximately £366,264.
| 5 Aug 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 146.7 | 49.496 % | £245,000 | £121,264 | £366,264 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | 152.741 % | £374,214 | £619,214 |
| 3 Month Average | 28.297 % | £69,327 | £314,327 |
| 6 Month Average | 76.019 % | £186,245 | £431,245 |
This house has a floor area of 104 sq meters or 1,125 sq feet when measured on 8 Jul 2009.
The average size of a house on CEDAR WOOD DRIVE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near East Green |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holgate Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Solent View Road |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Nettlestone Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priory Drive |