£165,110
This estimated value is based upon the latest sale price for the house of £133,000 on 3 Oct 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 |
|---|---|
| £133,000 | 3 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2018 the House Price Index for ISLE OF WIGHT was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £133,000 results in an estimated price of approximately £165,110.
| 3 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £133,000 | £32,110 | £165,110 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 21.301 % | £28,330 | £161,330 |
| 3 Month Average | 9.021 % | £11,997 | £144,997 |
| 6 Month Average | 20.875 % | £27,764 | £160,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £263,694 | £257,000 | 18 VICTORIA ROAD |
| 17 Oct 2023 | £189,299 | £185,000 | 1 ALBERT MEWS |
| 11 Oct 2023 | £148,370 | £145,000 | 50 VICTORIA ROAD |
| 17 Dec 2021 | £215,862 | £200,000 | 54 VICTORIA ROAD |
| 18 Nov 2021 | £185,218 | £170,000 | 27 VICTORIA ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 May 2018. Using an estimated price of £165,110 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on VICTORIA ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Howard Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Howard Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Howard Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Howard Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howard Close |