£197,253
This estimated value is based upon the latest sale price for the house of £40,000 on 19 Dec 1997. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£40,000 | 19 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 1997 the House Price Index for ISLE OF WIGHT was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £40,000 results in an estimated price of approximately £197,253.
19 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 149.7 | 393.133 % | £40,000 | £157,253 | £197,253 |
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 | 429.092 % | £171,636 | £211,636 |
3 Month Average | 398.537 % | £159,414 | £199,414 |
6 Month Average | 408.031 % | £163,212 | £203,212 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £368,115 | £360,000 | 35 WORSLEY ROAD |
24 Mar 2023 | £355,944 | £350,000 | 3 THE AVENUE |
10 Aug 2022 | £678,171 | £675,000 | 1 HILTON ROAD |
20 Jun 2022 | £326,990 | £320,000 | 9 CHURCH ROAD |
27 May 2022 | £600,648 | £585,000 | 32 CHURCH ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Nov 2019. Using an estimated price of £197,253 means this house is valued at £2,528 per sq meter (£234 per sq foot).
The average size of a house on HILTON ROAD is 118 sq meters (1,274 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hilton Road |
Jun 2024 | Other theft | Under investigation | On or near Hilton Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tilbury Road |
Apr 2024 | Drugs | Further investigation is not in the public interest | On or near Bay View Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cockleton Lane |