£198,765
This estimated value is based upon the latest sale price for the house of £160,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £160,000 | 4 May 2018 |
| £152,000 | 27 Feb 2015 |
| £149,000 | 22 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2018 the House Price Index for ISLE OF WIGHT was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £160,000 results in an estimated price of approximately £198,765.
| 4 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £160,000 | £38,765 | £198,765 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 12.178 % | £19,484 | £179,484 |
| 3 Month Average | 6.785 % | £10,856 | £170,856 |
| 6 Month Average | 20.046 % | £32,073 | £192,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £135,826 | £135,000 | 2 TRENT MEWS |
| 21 Aug 2023 | £216,315 | £215,000 | 11 TRENT MEWS |
| 16 Jun 2023 | £156,267 | £155,000 | FLAT 1 SEAWARD COURT, 28 NEWPORT ROAD |
| 24 Mar 2023 | £148,302 | £147,500 | FLAT 3 17 THE SIDINGS |
| 22 Aug 2022 | £124,161 | £125,000 | FLAT 5 15 THE SIDINGS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Dec 2021. Using an estimated price of £198,765 means this house is valued at £2,966 per sq meter (£275 per sq foot).
The average size of a house on THE SIDINGS is 58 sq meters (628 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Sidings |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Sidings |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Sidings |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Uffa Fox Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Uffa Fox Place |