£282,960
This estimated value is based upon the latest sale price for the house of £129,000 on 8 Dec 2003. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£129,000 | 8 Dec 2003 |
£85,000 | 18 Nov 2002 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 823 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 December 2003 the House Price Index for ISLE OF WIGHT was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £129,000 results in an estimated price of approximately £282,960.
8 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £129,000 | £153,960 | £282,960 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 31.876 % | £41,120 | £170,120 |
3 Month Average | 58.002 % | £74,822 | £203,822 |
6 Month Average | 60.394 % | £77,907 | £206,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £193,392 | £189,000 | 32 ALFRED ROAD |
14 Apr 2023 | £254,765 | £250,000 | 6 LAMORBEY TERRACE |
27 Jan 2023 | £193,016 | £192,500 | 36 LOUIS ROAD |
28 Oct 2022 | £224,251 | £225,000 | 17 LOUIS ROAD |
10 Mar 2022 | £276,642 | £265,000 | 54 NEWPORT ROAD |
This house has a floor area of 76 sq meters or 823 sq feet when measured on 11 Mar 2011. Using an estimated price of £282,960 means this house is valued at £3,697 per sq meter (£343 per sq foot).
The average size of a house on NEWPORT ROAD is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Louis Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Louis Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Aug 2024 | Burglary | Unable to prosecute suspect | On or near Parking Area |