£241,240
This estimated value is based upon the latest sale price for the house of £163,000 on 26 Jan 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £163,000 | 26 Jan 2015 |
| £160,000 | 29 Dec 2010 |
| £139,000 | 28 May 2004 |
| £73,750 | 25 Apr 2001 |
| £58,500 | 6 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2015 the House Price Index for ISLE OF WIGHT was 100.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 48.000%.Applying this 48.000% change to the original purchase price of £163,000 results in an estimated price of approximately £241,240.
| 26 Jan 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.0 | 48.000 % | £163,000 | £78,240 | £241,240 |
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 | 53.004 % | £86,396 | £249,396 |
| 3 Month Average | 31.675 % | £51,629 | £214,629 |
| 6 Month Average | 57.280 % | £93,365 | £256,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £234,435 | £230,000 | 70 NEWPORT ROAD |
| 31 Aug 2023 | £221,346 | £220,000 | 1 CORNWALL ROAD |
| 9 Jan 2023 | £158,607 | £160,000 | 2 LOWTHERVILLE ROAD |
| 29 Jul 2022 | £379,487 | £380,000 | 2A LITTLETON CLOSE |
| 28 Jul 2022 | £219,703 | £220,000 | 6 DOWN LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Jun 2014. Using an estimated price of £241,240 means this house is valued at £3,304 per sq meter (£307 per sq foot).
The average size of a house on LOWTHERVILLE ROAD is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newport Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newport Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newport Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowtherville Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowtherville Road |