£321,979
This estimated value is based upon the latest sale price for the house of £187,000 on 2 Mar 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 |
---|---|
£187,000 | 2 Mar 2012 |
£190,000 | 13 Jul 2006 |
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 March 2012 the House Price Index for ISLE OF WIGHT was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £187,000 results in an estimated price of approximately £321,979.
2 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £187,000 | £134,979 | £321,979 |
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 | 49.533 % | £92,626 | £279,626 |
3 Month Average | 56.634 % | £105,905 | £292,905 |
6 Month Average | 49.259 % | £92,113 | £279,113 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £641,278 | £625,000 | APRIL COTTAGE, 8 THE ORCHARD |
30 Oct 2023 | £306,972 | £300,000 | 21 WILBERFORCE ROAD |
8 Aug 2023 | £336,061 | £330,000 | 37 WILBERFORCE ROAD |
31 Mar 2023 | £350,859 | £345,000 | 2 PIPPINS CLOSE |
2 Mar 2023 | £432,218 | £425,000 | 11 WILBERFORCE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Unable to prosecute suspect | On or near Meadows Close |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollis Drive |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Hollis Drive |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollis Drive |