£522,136
This estimated value is based upon the latest sale price for the house of £427,500 on 14 Oct 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 |
|---|---|
| £427,500 | 14 Oct 2019 |
| £360,000 | 30 Mar 2016 |
| £218,560 | 26 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 2019 the House Price Index for ISLE OF WIGHT was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £427,500 results in an estimated price of approximately £522,136.
| 14 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £427,500 | £94,636 | £522,136 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | -4.899 % | £-20,942 | £406,557 |
| 3 Month Average | 6.536 % | £27,940 | £455,440 |
| 6 Month Average | 32.088 % | £137,177 | £564,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £226,839 | £225,000 | 17B TRINITY ROAD |
| 17 Feb 2023 | £263,753 | £265,000 | 42 ST CATHERINE STREET |
| 9 Sep 2022 | £261,816 | £265,000 | 4 CLARENCE ROAD |
| 29 Jul 2022 | £214,710 | £215,000 | 8B MADEIRA ROAD |
| 16 Jun 2022 | £193,966 | £192,000 | 15 CLARENCE ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 4 Dec 2014. Using an estimated price of £522,136 means this house is valued at £3,283 per sq meter (£305 per sq foot).
The average size of a house on MADEIRA ROAD is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clarence Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Street |