£273,819
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Jun 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 |
|---|---|
| £220,000 | 21 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2019 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £220,000 results in an estimated price of approximately £273,819.
| 21 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £220,000 | £53,819 | £273,819 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | 116.939 % | £257,265 | £477,265 |
| 3 Month Average | 22.934 % | £50,455 | £270,455 |
| 6 Month Average | 30.154 % | £66,339 | £286,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £302,628 | £300,000 | 10 FAIRFIELD WAY |
| 22 Nov 2023 | £328,334 | £320,000 | 30 FAIRFIELD WAY |
| 24 Feb 2023 | £281,883 | £280,000 | 29A THE AVENUE |
| 14 Jul 2022 | £454,555 | £450,000 | 5 FAIRFIELD PARK |
| 5 Jul 2022 | £353,543 | £350,000 | 7 FAIRFIELD WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Jan 2019. Using an estimated price of £273,819 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on FAIRFIELD WAY is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Roselands |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Roselands |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Roselands |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Roselands |
| Jul 2024 | Public order | Action to be taken by another organisation | On or near Roselands |