£349,321
This estimated value is based upon the latest sale price for the house of £187,500 on 26 May 2005. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £187,500 | 26 May 2005 |
| Detached |
| Leasehold |
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 May 2005 the House Price Index for ISLE OF WIGHT was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £187,500 results in an estimated price of approximately £349,321.
| 26 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £187,500 | £161,821 | £349,321 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | 19.724 % | £36,982 | £224,482 |
| 3 Month Average | 23.215 % | £43,527 | £231,027 |
| 6 Month Average | 13.717 % | £25,718 | £213,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2024 | £1,100,000 | £1,100,000 | 2 WATERS EDGE |
| 1 Nov 2023 | £287,293 | £280,000 | 25 THE VINEYARD |
| 12 Oct 2023 | £179,067 | £175,000 | 34 THE VINEYARD |
| 8 Jun 2023 | £229,601 | £225,000 | 14 THE VINEYARD |
| 9 Mar 2023 | £259,331 | £255,000 | 8 EASTMORE COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Swithins Crescent |
| Jul 2024 | Drugs | Under investigation | On or near St Swithins Crescent |
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near St Swithins Crescent |
| Jul 2024 | Anti-social behaviour | On or near Tennyson Road | |
| Jul 2024 | Anti-social behaviour | On or near Tennyson Road |