£245,776
This estimated value is based upon the latest sale price for the house of £230,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 25 Jun 2021 |
| £124,000 | 4 Jul 2013 |
| £120,000 | 9 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2021 the House Price Index for ISLE OF WIGHT was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £230,000 results in an estimated price of approximately £245,776.
| 25 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £230,000 | £15,776 | £245,776 |
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 | 5.212 % | £11,987 | £241,987 |
| 3 Month Average | 16.944 % | £38,971 | £268,971 |
| 6 Month Average | 9.141 % | £21,023 | £251,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £250,847 | £250,000 | 174 NEWPORT ROAD |
| 18 Mar 2024 | £220,746 | £220,000 | 106 NEWPORT ROAD |
| 17 Aug 2023 | £316,927 | £315,000 | 145 NEWPORT ROAD |
| 24 Jul 2023 | £209,482 | £207,500 | 26 SHAMBLERS ROAD |
| 21 Jul 2023 | £265,007 | £262,500 | 16 SHAMBLERS ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Apr 2013. Using an estimated price of £245,776 means this house is valued at £2,671 per sq meter (£248 per sq foot).
The average size of a house on SHAMBLERS ROAD is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Shamblers Road | |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Shamblers Road |
| Feb 2024 | Anti-social behaviour | On or near Shamblers Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shamblers Road |
| Feb 2024 | Anti-social behaviour | On or near Shamblers Road |