£474,161
This estimated value is based upon the latest sale price for the house of £128,000 on 6 Jul 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £128,000 | 6 Jul 2000 |
| 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 July 2000 the House Price Index for ISLE OF WIGHT was 40.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 270.439%.Applying this 270.439% change to the original purchase price of £128,000 results in an estimated price of approximately £474,161.
| 6 Jul 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.0 | 270.439 % | £128,000 | £346,161 | £474,161 |
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 | 201.016 % | £257,300 | £385,300 |
| 3 Month Average | 208.913 % | £267,408 | £395,408 |
| 6 Month Average | 212.720 % | £272,281 | £400,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £252,387 | £250,000 | 19 WESTWOOD CLOSE |
| 10 Feb 2023 | £338,399 | £340,000 | 8 CHURCHILL ROAD |
| 27 Jun 2022 | £257,611 | £255,000 | 1 WESTWOOD CLOSE |
| 25 Mar 2022 | £294,142 | £285,000 | 5 KING JAMES CLOSE |
| 20 Dec 2021 | £266,763 | £250,000 | 5 PARKLANDS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near King James Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near King James Close |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Westwood Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mountbatten Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Mountbatten Avenue |