£338,981
This estimated value is based upon the latest sale price for the house of £181,950 on 31 May 2005. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £181,950 | 31 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 May 2005 the House Price Index for ISLE OF WIGHT was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £181,950 results in an estimated price of approximately £338,981.
| 31 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £181,950 | £157,031 | £338,981 |
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 | 40.091 % | £72,944 | £254,894 |
| 3 Month Average | 54.963 % | £100,005 | £281,955 |
| 6 Month Average | 51.146 % | £93,060 | £275,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £146,270 | £145,000 | 65 MELBOURNE STREET |
| 15 Dec 2023 | £82,536 | £80,000 | 71 CASTLE ROAD |
| 24 Oct 2023 | £189,299 | £185,000 | 13 CLARENDON STREET |
| 2 Jun 2023 | £170,925 | £167,500 | 39 CASTLE ROAD |
| 5 Apr 2023 | £473,863 | £465,000 | 22 CASTLE ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 6 Nov 2019. Using an estimated price of £338,982 means this house is valued at £2,421 per sq meter (£224 per sq foot).
The average size of a house on CASTLE ROAD is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near B3341 |
| Aug 2024 | Burglary | Under investigation | On or near Clarendon Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clarendon Place |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Clarendon Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Castle Road |