£162,205
This estimated value is based upon the latest sale price for the house of £32,500 on 3 Oct 1997. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £32,500 | 3 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 October 1997 the House Price Index for ISLE OF WIGHT was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £32,500 results in an estimated price of approximately £162,205.
| 3 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £32,500 | £129,705 | £162,205 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | 339.543 % | £110,351 | £142,851 |
| 3 Month Average | 308.816 % | £100,365 | £132,865 |
| 6 Month Average | 332.922 % | £108,199 | £140,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2024 | £290,000 | £290,000 | 40 ORCHARD ROAD |
| 28 Sep 2023 | £766,906 | £750,000 | HILLSIDE, 53 ORCHARD ROAD |
| 22 Sep 2023 | £322,100 | £315,000 | 16 ORCHARD ROAD |
| 10 Mar 2023 | £452,558 | £445,000 | 19 ORCHARD ROAD |
| 14 Sep 2022 | £379,746 | £380,000 | 24 ORCHARD ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 5 Oct 2015. Using an estimated price of £162,206 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on JOSEPHS WAY is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Josephs Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Carter Avenue |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Carter Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Avenue |