£186,385
This estimated value is based upon the latest sale price for the house of £185,000 on 3 Apr 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 |
|---|---|
| £185,000 | 3 Apr 2023 |
| £90,000 | 11 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 568 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 April 2023 the House Price Index for ISLE OF WIGHT was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £185,000 results in an estimated price of approximately £186,385.
| 3 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £185,000 | £1,385 | £186,385 |
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 | 19.123 % | £35,377 | £220,377 |
| 3 Month Average | -12.646 % | £-23,395 | £161,604 |
| 6 Month Average | -5.888 % | £-10,892 | £174,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £165,634 | £162,500 | 36 KINGS ROAD |
| 13 Jul 2023 | £212,005 | £210,000 | 4 FALCON ROAD |
| 3 Apr 2023 | £186,385 | £185,000 | 38A KINGS ROAD |
| 28 Jun 2022 | £156,587 | £155,000 | 56 KINGS ROAD |
| 7 Jun 2022 | £190,935 | £189,000 | 30 KINGS ROAD |
This house has a floor area of 52 sq meters or 568 sq feet when measured on 10 Jun 2011. Using an estimated price of £186,385 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on KINGS ROAD is 73 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kings Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kings Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Falcon Road |