£348,483
This estimated value is based upon the latest sale price for the house of £341,500 on 5 Jun 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 |
|---|---|
| £341,500 | 5 Jun 2023 |
| £285,000 | 7 Jan 2022 |
| 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 June 2023 the House Price Index for ISLE OF WIGHT was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £341,500 results in an estimated price of approximately £348,483.
| 5 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £341,500 | £6,983 | £348,483 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 53.131 % | £181,444 | £522,944 |
| 3 Month Average | 17.489 % | £59,724 | £401,224 |
| 6 Month Average | 2.202 % | £7,520 | £349,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £424,645 | £415,000 | IRIS COTTAGE PUCKWELL LANE |
| 5 Jun 2023 | £348,484 | £341,500 | 4 ALLOTMENT ROAD |
| 16 Mar 2023 | £381,369 | £375,000 | MERRICOMBE LACEYS LANE |
| 30 Sep 2022 | £139,907 | £140,000 | ST JOSEPHS RC CHURCH RECTORY ROAD |
| 13 May 2022 | £338,827 | £330,000 | 9 PRIORY WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Town End |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rectory Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivy Close |