£470,359
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Oct 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 |
|---|---|
| £275,000 | 5 Oct 2012 |
| £120,000 | 18 Oct 2002 |
| 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 October 2012 the House Price Index for ISLE OF WIGHT was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £275,000 results in an estimated price of approximately £470,359.
| 5 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £275,000 | £195,359 | £470,359 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | -15.485 % | £-42,582 | £232,417 |
| 3 Month Average | 54.731 % | £150,509 | £425,509 |
| 6 Month Average | 62.451 % | £171,739 | £446,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £274,959 | £270,000 | 13 GILLS CLIFF ROAD |
| 17 Feb 2023 | £239,097 | £237,500 | 1 GILLS CLIFF ROAD |
| 17 Feb 2023 | £239,097 | £237,500 | 3 GILLS CLIFF ROAD |
| 26 May 2022 | £241,286 | £235,000 | 106 GILLS CLIFF ROAD |
| 6 May 2022 | £564,712 | £550,000 | 9 ST ALBANS GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Gill'S Cliff Road |
| Aug 2024 | Drugs | Local resolution | On or near Steephill Down Road |
| Oct 2024 | Anti-social behaviour | On or near Park Avenue | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Down Lane |