£313,979
This estimated value is based upon the latest sale price for the house of £204,250 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £204,250 | 17 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2014 the House Price Index for ISLE OF WIGHT was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £204,250 results in an estimated price of approximately £313,979.
| 17 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £204,250 | £109,729 | £313,979 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 45.274 % | £92,473 | £296,723 |
| 3 Month Average | 43.819 % | £89,501 | £293,751 |
| 6 Month Average | 24.254 % | £49,538 | £253,788 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Sep 2012.
The average size of a house on WELLESLEY WAY is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadowside |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowside |
| Feb 2024 | Anti-social behaviour | On or near Meadowside | |
| Feb 2024 | Anti-social behaviour | On or near Meadowside | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowside |