£227,999
This estimated value is based upon the latest sale price for the house of £183,500 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £183,500 | 24 Jul 2019 |
| £168,500 | 22 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 2019 the House Price Index for ISLE OF WIGHT was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £183,500 results in an estimated price of approximately £227,999.
| 24 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £183,500 | £44,499 | £227,999 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | -13.895 % | £-25,497 | £158,002 |
| 3 Month Average | 16.181 % | £29,692 | £213,192 |
| 6 Month Average | 40.688 % | £74,663 | £258,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £265,000 | £265,000 | 19 MERRIE GARDENS |
| 26 Apr 2024 | £292,540 | £290,000 | 10 MERRIE GARDENS |
| 8 Dec 2023 | £330,145 | £320,000 | 7 HOME FARM CLOSE |
| 6 Oct 2023 | £240,461 | £235,000 | 2 MERRIE GARDENS |
| 9 May 2022 | £269,008 | £262,000 | 9 SANDHAM GARDENS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Apr 2019. Using an estimated price of £228,000 means this house is valued at £3,402 per sq meter (£316 per sq foot).
The average size of a house on HOME FARM CLOSE is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Whitecross Farm Lane | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Blackpan Close |
| Sep 2024 | Public order | Under investigation | On or near Blackpan Close |
| Sep 2024 | Public order | Under investigation | On or near Blackpan Close |
| Sep 2024 | Shoplifting | Under investigation | On or near Blackpan Close |