£2,706,711
This estimated value is based upon the latest sale price for the house of £2,725,000 on 17 Aug 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 |
|---|---|
| £2,725,000 | 17 Aug 2022 |
| Freehold |
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 2022 the House Price Index for ISLE OF WIGHT was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £2,725,000 results in an estimated price of approximately £2,706,711.
| 17 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £2,725,000 | £-18,288 | £2,706,711 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | -19.520 % | £-531,928 | £2,193,071 |
| 3 Month Average | -5.443 % | £-148,333 | £2,576,666 |
| 6 Month Average | -5.252 % | £-143,108 | £2,581,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £61,157 | £60,000 | FLAT 1 ST JAMES COURT, 52 LUGLEY STREET |
| 29 Aug 2023 | £271,652 | £270,000 | 10 - 11 CROCKER STREET |
| 17 Aug 2022 | £2,706,711 | £2,725,000 | 23 LUGLEY STREET |
| 22 Apr 2022 | £594,872 | £580,000 | HONG KONG EXPRESS HOLYROOD STREET |
| 27 Jan 2022 | £120,538 | £115,000 | 2 POST HOUSE COTTAGES HOLYROOD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Chain Lane | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chain Lane |
| Apr 2024 | Shoplifting | Under investigation | On or near High Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near High Street |
| Apr 2024 | Robbery | Under investigation | On or near High Street |