£120,708
This estimated value is based upon the latest sale price for the house of £77,500 on 27 May 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £77,500 | 27 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 694 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 May 2014 the House Price Index for ISLE OF WIGHT was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £77,500 results in an estimated price of approximately £120,708.
| 27 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £77,500 | £43,208 | £120,708 |
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 | 73.013 % | £56,585 | £134,085 |
| 3 Month Average | 49.087 % | £38,042 | £115,542 |
| 6 Month Average | 41.723 % | £32,335 | £109,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £310,602 | £305,000 | 8 OXFORD STREET |
| 27 Apr 2023 | £254,714 | £249,950 | 2 OXFORD STREET |
| 6 Apr 2023 | £295,528 | £290,000 | 78 NODES ROAD |
| 19 Oct 2022 | £398,668 | £400,000 | 59 OXFORD STREET |
| 5 Aug 2022 | £442,067 | £440,000 | 25 CORONATION AVENUE |
This house has a floor area of 64 sq meters or 694 sq feet when measured on 8 Apr 2010. Using an estimated price of £120,709 means this house is valued at £1,871 per sq meter (£173 per sq foot).
The average size of a house on NEWPORT ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Oxford Street | |
| May 2024 | Anti-social behaviour | On or near Oxford Street | |
| May 2024 | Anti-social behaviour | On or near Oxford Street | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxford Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Medham Farm Lane |