£328,334
This estimated value is based upon the latest sale price for the house of £320,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£320,000 | 10 Nov 2023 |
Semi-Detached |
Freehold |
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 2023 the House Price Index for ISLE OF WIGHT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £320,000 results in an estimated price of approximately £328,334.
10 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £320,000 | £8,334 | £328,334 |
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 | 3.513 % | £11,241 | £331,241 |
3 Month Average | -21.337 % | £-68,278 | £251,721 |
6 Month Average | -19.809 % | £-63,387 | £256,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £299,603 | £295,000 | 14 BROADFIELDS AVENUE |
27 Nov 2023 | £338,595 | £330,000 | 10 THE CHANDLERS |
10 Nov 2023 | £328,334 | £320,000 | 37 BROADFIELDS AVENUE |
27 Oct 2023 | £327,437 | £320,000 | 12 THE CHANDLERS |
13 Oct 2023 | £314,135 | £307,000 | 20 HIGHFIELD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadfields Avenue |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chandlers |
Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |