£371,350
This estimated value is based upon the latest sale price for the house of £220,000 on 8 Feb 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 8 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 February 2013 the House Price Index for ISLE OF WIGHT was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £220,000 results in an estimated price of approximately £371,350.
| 8 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £220,000 | £151,350 | £371,350 |
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 | 50.470 % | £111,034 | £331,034 |
| 3 Month Average | 53.858 % | £118,487 | £338,487 |
| 6 Month Average | 35.730 % | £78,605 | £298,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £292,559 | £290,000 | 10 ATKINSON DRIVE |
| 13 Jul 2023 | £243,274 | £240,000 | 1 COOK AVENUE |
| 23 Jun 2023 | £253,015 | £249,950 | 30 COOPER ROAD |
| 13 Jun 2023 | £177,146 | £175,000 | 54 HALBERRY LANE |
| 25 Jan 2023 | £298,593 | £300,000 | 48 COOPER ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 13 Apr 2012. Using an estimated price of £371,351 means this house is valued at £3,120 per sq meter (£289 per sq foot).
The average size of a house on COOPER ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cook Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cook Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Atkinson Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Atkinson Drive |