£201,181
This estimated value is based upon the latest sale price for the house of £195,000 on 19 Dec 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 |
---|---|
£195,000 | 19 Dec 2023 |
£135,000 | 30 Nov 2012 |
£145,000 | 27 Jul 2004 |
£35,000 | 7 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 804 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 December 2023 the House Price Index for ISLE OF WIGHT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £195,000 results in an estimated price of approximately £201,181.
19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £195,000 | £6,181 | £201,181 |
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 | -22.648 % | £-44,164 | £150,835 |
3 Month Average | 42.089 % | £82,072 | £277,072 |
6 Month Average | 16.495 % | £32,164 | £227,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £172,653 | £170,000 | 23 NELSON ROAD |
19 Dec 2023 | £201,182 | £195,000 | 39 WHITEPIT LANE |
27 Oct 2023 | £255,810 | £250,000 | 28 NELSON ROAD |
17 Aug 2023 | £239,316 | £235,000 | 46 WHITEPIT LANE |
8 Aug 2023 | £239,316 | £235,000 | 81 WHITEPIT LANE |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 6 Apr 2010. Using an estimated price of £201,182 means this house is valued at £2,691 per sq meter (£250 per sq foot).
The average size of a house on WHITEPIT LANE is 103 sq meters (1,113 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Whitepit Lane |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Meadow Green |
Aug 2024 | Criminal damage and arson | Under investigation | On or near Meadow Green |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Meadow Green |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Linden Road |