£277,433
This estimated value is based upon the latest sale price for the house of £260,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £260,000 | 10 Dec 2021 |
| £177,000 | 29 Jul 2016 |
| Semi-Detached |
| 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 December 2021 the House Price Index for ISLE OF WIGHT was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £260,000 results in an estimated price of approximately £277,433.
| 10 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £260,000 | £17,433 | £277,433 |
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 | -23.773 % | £-61,810 | £198,189 |
| 3 Month Average | 1.711 % | £4,448 | £264,448 |
| 6 Month Average | 50.096 % | £130,248 | £390,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2023 | £251,359 | £250,000 | 8 WALLIS CLOSE |
| 26 Jan 2023 | £423,778 | £427,500 | 14 CLARENCE ROAD |
| 5 Jan 2023 | £318,205 | £321,000 | 39 MOUNTFIELD ROAD |
| 2 Nov 2022 | £235,186 | £239,000 | 50 WEST STREET |
| 30 Jun 2022 | £225,283 | £223,000 | 9 WEST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Street |
| Apr 2024 | Shoplifting | Under investigation | On or near Wallis Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Wallis Close |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Wallis Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rew Lane |