£619,303
This estimated value is based upon the latest sale price for the house of £399,950 on 3 Jun 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£399,950 | 3 Jun 2014 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2014 the House Price Index for ISLE OF WIGHT was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £399,950 results in an estimated price of approximately £619,303.
3 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £399,950 | £219,353 | £619,303 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | -31.245 % | £-124,964 | £274,985 |
3 Month Average | -0.849 % | £-3,396 | £396,553 |
6 Month Average | 45.684 % | £182,711 | £582,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £574,585 | £560,000 | 7 ST LUKES DRIVE |
4 Aug 2023 | £712,857 | £700,000 | CEDAR COTTAGE SWAINS ROAD |
1 Aug 2023 | £891,071 | £875,000 | SAN BERNARDINO SWAINS ROAD |
24 Feb 2023 | £563,766 | £560,000 | 11 ST LUKES DRIVE |
8 Feb 2023 | £543,631 | £540,000 | 58 MEADOW DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 Apr 2014. Using an estimated price of £619,304 means this house is valued at £6,012 per sq meter (£558 per sq foot).
The average size of a house on NIGHTINGALE CLOSE is 134 sq meters (1,446 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Lukes Drive |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Lukes Drive |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dennett Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |