£527,929
This estimated value is based upon the latest sale price for the house of £350,000 on 23 Jul 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 |
|---|---|
| £350,000 | 23 Jul 2014 |
| £332,500 | 30 Jan 2007 |
| £132,250 | 2 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2014 the House Price Index for ISLE OF WIGHT was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £350,000 results in an estimated price of approximately £527,929.
| 23 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £350,000 | £177,929 | £527,929 |
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 | 46.466 % | £162,630 | £512,630 |
| 3 Month Average | 34.605 % | £121,118 | £471,118 |
| 6 Month Average | 35.449 % | £124,070 | £474,070 |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 9 May 2013.
The average size of a house on PARK ROAD is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Reynolds Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coronation Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Moorgreen Road |
| Dec 2023 | Other theft | Under investigation | On or near Moorgreen Road |