£295,811
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 7 Feb 2020 |
| £215,000 | 31 Mar 2017 |
| £125,000 | 1 Apr 2005 |
| £82,750 | 4 Jul 2002 |
| £51,000 | 28 Oct 1999 |
| Terraced |
| 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 February 2020 the House Price Index for ISLE OF WIGHT was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £240,000 results in an estimated price of approximately £295,811.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £240,000 | £55,811 | £295,811 |
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 | 38.812 % | £93,148 | £333,148 |
| 3 Month Average | 25.757 % | £61,816 | £301,816 |
| 6 Month Average | 21.132 % | £50,716 | £290,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £179,558 | £175,000 | 58 YORK STREET |
| 19 Oct 2023 | £266,042 | £260,000 | 22 YORK STREET |
| 10 Jan 2023 | £190,509 | £190,000 | FLAT 15 BRUNSWICK COURT MEDINA ROAD |
| 1 Apr 2022 | £191,923 | £185,000 | 23 BRIDGE ROAD |
| 17 Feb 2022 | £285,243 | £270,000 | 25 BRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Andrew'S Street |
| Jul 2024 | Anti-social behaviour | On or near Medina Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Road |
| Jun 2024 | Anti-social behaviour | On or near Langley Road | |
| Jun 2024 | Anti-social behaviour | On or near Langley Road |