£322,320
This estimated value is based upon the latest sale price for the house of £315,000 on 10 Oct 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £315,000 | 10 Oct 2023 |
| £210,000 | 14 Oct 2016 |
| £190,000 | 8 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2023 the House Price Index for ISLE OF WIGHT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £315,000 results in an estimated price of approximately £322,320.
| 10 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £315,000 | £7,320 | £322,320 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | 19.563 % | £61,624 | £376,624 |
| 3 Month Average | -26.979 % | £-84,983 | £230,016 |
| 6 Month Average | -28.254 % | £-88,999 | £226,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £188,000 | £188,000 | 54 LANES END |
| 22 Mar 2024 | £269,135 | £265,000 | FLAT 5 PINE RIDGE COURT WARD ROAD |
| 31 Oct 2023 | £255,810 | £250,000 | FLAT 7 PINE RIDGE COURT WARD ROAD |
| 10 Oct 2023 | £322,321 | £315,000 | 21 GRANVILLE ROAD |
| 22 Sep 2023 | £342,551 | £335,000 | FLAT 22 AMAN COURT GRANVILLE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Apr 2016. Using an estimated price of £322,321 means this house is valued at £4,029 per sq meter (£374 per sq foot).
The average size of a house on GRANVILLE ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Granville Road |
| Oct 2024 | Anti-social behaviour | On or near Lanes End | |
| Sep 2024 | Anti-social behaviour | On or near Lanes End | |
| Sep 2024 | Anti-social behaviour | On or near Lanes End | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lanes End |