£460,090
This estimated value is based upon the latest sale price for the house of £380,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £380,000 | 1 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 November 2019 the House Price Index for ISLE OF WIGHT was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £380,000 results in an estimated price of approximately £460,090.
| 1 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.076 % | £380,000 | £80,090 | £460,090 |
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 | -0.773 % | £-2,938 | £377,061 |
| 3 Month Average | 16.797 % | £63,826 | £443,826 |
| 6 Month Average | 2.568 % | £9,759 | £389,759 |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 12 Jun 2019.
The average size of a house on FAIRLEE ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bittern Place |