£510,111
This estimated value is based upon the latest sale price for the house of £505,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £505,000 | 29 Jul 2022 |
| £345,000 | 26 Sep 2017 |
| £305,000 | 12 Jun 2014 |
| £249,950 | 14 Jul 2008 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,547 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 July 2022 the House Price Index for ISLE OF WIGHT was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £505,000 results in an estimated price of approximately £510,111.
| 29 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £505,000 | £5,111 | £510,111 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 85.847 % | £433,527 | £938,527 |
| 3 Month Average | 11.561 % | £58,381 | £563,381 |
| 6 Month Average | -6.399 % | £-32,316 | £472,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £57,499 | £57,000 | FLAT 2 CONISTON HOUSE CONISTON DRIVE |
| 18 Mar 2024 | £111,716 | £110,000 | FLAT 1 46 QUEENS ROAD |
| 1 Sep 2023 | £61,352 | £60,000 | FLAT 1 CONISTON HOUSE CONISTON DRIVE |
| 23 Aug 2023 | £356,429 | £350,000 | 29 WESTWOOD ROAD |
| 29 Jul 2022 | £510,111 | £505,000 | 21 WESTWOOD ROAD |
This house has a floor area of 143 sq meters or 1,547 sq feet when measured on 18 Feb 2010. Using an estimated price of £510,111 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on WESTWOOD ROAD is 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Gwydyr Close | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gwydyr Close |
| Jun 2024 | Anti-social behaviour | On or near Gwydyr Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nursery Lane |
| Jun 2024 | Drugs | Local resolution | On or near Nursery Lane |