£222,043
This estimated value is based upon the latest sale price for the house of £183,000 on 30 Mar 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 |
|---|---|
| £183,000 | 30 Mar 2020 |
| £165,000 | 15 May 2015 |
| £107,000 | 23 May 2003 |
| £88,000 | 30 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2020 the House Price Index for ISLE OF WIGHT was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £183,000 results in an estimated price of approximately £222,043.
| 30 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £183,000 | £39,043 | £222,043 |
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 | 84.466 % | £154,572 | £337,572 |
| 3 Month Average | 14.064 % | £25,737 | £208,737 |
| 6 Month Average | 21.563 % | £39,460 | £222,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £194,996 | £192,000 | FLAT 1 16 HIGH STREET |
| 25 Mar 2024 | £243,745 | £240,000 | 16 HIGH STREET |
| 13 Dec 2023 | £152,692 | £148,000 | FLAT 22 ADMIRAL GARDENS |
| 20 Nov 2023 | £261,642 | £255,000 | 20 CROSS STREET |
| 9 Jun 2023 | £193,885 | £190,000 | 28 ST MARYS ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Aug 2014. Using an estimated price of £222,044 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on CROSS STREET is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cross Street |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cross Street |
| Jul 2024 | Anti-social behaviour | On or near The Cut | |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near The Cut |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carvel Lane |