£343,166
This estimated value is based upon the latest sale price for the house of £280,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £280,000 | 2 Aug 2019 |
| £230,000 | 30 Jan 2018 |
| £195,000 | 21 Mar 2012 |
| £185,000 | 30 Jul 2010 |
| £165,000 | 31 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2019 the House Price Index for ISLE OF WIGHT was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £280,000 results in an estimated price of approximately £343,166.
| 2 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £280,000 | £63,166 | £343,166 |
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 | 5.415 % | £15,162 | £295,162 |
| 3 Month Average | 28.158 % | £78,841 | £358,841 |
| 6 Month Average | 16.278 % | £45,578 | £325,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £351,902 | £350,000 | 3 THE AVENUE |
| 10 Aug 2022 | £670,470 | £675,000 | 1 HILTON ROAD |
| 20 Jun 2022 | £323,276 | £320,000 | 9 CHURCH ROAD |
| 27 May 2022 | £593,827 | £585,000 | 32 CHURCH ROAD |
| 15 Nov 2021 | £333,916 | £310,000 | 73 CHURCH ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 23 Nov 2017. Using an estimated price of £343,167 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on HILTON ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilton Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hilton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Place |
| Apr 2024 | Drugs | Further investigation is not in the public interest | On or near Bay View Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cockleton Lane |