£306,416
This estimated value is based upon the latest sale price for the house of £183,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £183,000 | 29 Jun 2012 |
| £195,000 | 4 Sep 2008 |
| £200,000 | 9 Feb 2007 |
| £87,000 | 21 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,556 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 June 2012 the House Price Index for ISLE OF WIGHT was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.441%.Applying this 67.441% change to the original purchase price of £183,000 results in an estimated price of approximately £306,416.
| 29 Jun 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.441 % | £183,000 | £123,416 | £306,416 |
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 | 49.039 % | £89,741 | £272,741 |
| 3 Month Average | 66.918 % | £122,460 | £305,460 |
| 6 Month Average | 40.864 % | £74,780 | £257,780 |
This house has a floor area of 144 sq meters or 1,556 sq feet when measured on 13 Jul 2011.
The average size of a house on ELM GROVE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodbine Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Woodbine Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodbine Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near St Johns Road |