£339,116
This estimated value is based upon the latest sale price for the house of £242,000 on 16 Oct 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £242,000 | 16 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 October 2015 the House Price Index for ISLE OF WIGHT was 105.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 40.131%.Applying this 40.131% change to the original purchase price of £242,000 results in an estimated price of approximately £339,116.
| 16 Oct 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.0 | 40.131 % | £242,000 | £97,116 | £339,116 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | -4.144 % | £-10,028 | £231,971 |
| 3 Month Average | 6.408 % | £15,508 | £257,508 |
| 6 Month Average | 36.735 % | £88,899 | £330,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £210,712 | £210,000 | 6 BEATRICE AVENUE |
| 30 Nov 2023 | £197,029 | £194,500 | 3 COLLEGE WAY |
| 11 Aug 2023 | £274,670 | £273,000 | 14 HARVEY CLOSE |
| 2 Jun 2023 | £226,839 | £225,000 | 10 BEATRICE AVENUE |
| 17 Mar 2023 | £266,440 | £265,000 | 25 GREENLANDS ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Dec 2014. Using an estimated price of £339,116 means this house is valued at £3,229 per sq meter (£300 per sq foot).
The average size of a house on BEATRICE AVENUE is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Bank Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Bank Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Bank Road |
| Jan 2024 | Drugs | Under investigation | On or near South Bank Road |