£527,092
This estimated value is based upon the latest sale price for the house of £395,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Hooke Hill
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| Price Paid | Date |
|---|---|
| £395,000 | 28 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 October 2016 the House Price Index for ISLE OF WIGHT was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £395,000 results in an estimated price of approximately £527,092.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £395,000 | £132,092 | £527,092 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 134.588 % | £531,621 | £926,621 |
| 3 Month Average | 55.513 % | £219,277 | £614,277 |
| 6 Month Average | 44.338 % | £175,137 | £570,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £174,176 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
| 15 Nov 2023 | £230,860 | £225,000 | 29 EDINBURGH ROAD |
| 28 Sep 2023 | £112,480 | £110,000 | 7B ORCHARD CLOSE |
| 22 Sep 2023 | £112,480 | £110,000 | 7 WOODLAND COURT ORCHARD CLOSE |
| 23 Feb 2023 | £342,286 | £340,000 | DERRY DOWNS HOOKE HILL |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 7 Sep 2015. Using an estimated price of £527,092 means this house is valued at £3,537 per sq meter (£328 per sq foot).
The average size of a house on HOOKE CLOSE is 146 sq meters (1,576 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Hooke Hill |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |