£438,129
This estimated value is based upon the latest sale price for the house of £375,000 on 27 Oct 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 27 Oct 2020 |
| £175,000 | 30 Jul 2010 |
| £175,000 | 9 Jun 2010 |
| £62,000 | 14 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2020 the House Price Index for ISLE OF WIGHT was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £375,000 results in an estimated price of approximately £438,129.
| 27 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £375,000 | £63,129 | £438,129 |
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 | -11.001 % | £-41,252 | £333,747 |
| 3 Month Average | -9.661 % | £-36,228 | £338,771 |
| 6 Month Average | 18.177 % | £68,162 | £443,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £361,846 | £355,000 | 26 CASTLE CLOSE |
| 15 Dec 2023 | £397,521 | £390,000 | CHY-WAR-DINAS WHITWELL ROAD |
| 14 Mar 2023 | £537,908 | £535,000 | 8 CASTLE CLOSE |
| 16 Jun 2022 | £560,683 | £555,000 | 71 GILLS CLIFF ROAD |
| 29 Apr 2022 | £610,256 | £595,000 | HIGH BANKS STEEPHILL ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 10 Sep 2014. Using an estimated price of £438,130 means this house is valued at £4,056 per sq meter (£376 per sq foot).
The average size of a house on CASTLE CLOSE is 117 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Undercliff Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gill'S Cliff Road |
| Mar 2024 | Anti-social behaviour | On or near Park Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Park Avenue | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Steephill Down Road |