£174,327
This estimated value is based upon the latest sale price for the house of £33,500 on 21 May 1997. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£33,500 | 21 May 1997 |
Terraced |
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 May 1997 the House Price Index for ISLE OF WIGHT was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £33,500 results in an estimated price of approximately £174,327.
21 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £33,500 | £140,827 | £174,327 |
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 | 498.055 % | £166,848 | £200,348 |
3 Month Average | 331.548 % | £111,068 | £144,568 |
6 Month Average | 365.593 % | £122,473 | £155,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £117,810 | £116,000 | FLAT 1 48 GRANVILLE ROAD |
12 Oct 2023 | £404,180 | £395,000 | 4 PARK ROAD |
3 Oct 2023 | £250,694 | £245,000 | 46 PARK ROAD |
20 Jan 2023 | £230,616 | £230,000 | 84 GRANVILLE ROAD |
17 Jun 2022 | £153,225 | £149,950 | FLAT 3 KINGSWAY PARK ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Park Court |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Court |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Court |
Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Union Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Road |