£255,369
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Sep 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £200,000 | 8 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2017 the House Price Index for ISLE OF WIGHT was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £200,000 results in an estimated price of approximately £255,369.
| 8 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £200,000 | £55,369 | £255,369 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | 13.956 % | £27,912 | £227,912 |
| 3 Month Average | 16.885 % | £33,770 | £233,770 |
| 6 Month Average | 42.343 % | £84,686 | £284,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £330,071 | £325,000 | 56 CAWS AVENUE |
| 2 Oct 2023 | £353,018 | £345,000 | 19 ORCHARD ROAD |
| 6 Mar 2023 | £361,029 | £355,000 | 5 WYCHWOOD CLOSE |
| 28 Nov 2022 | £388,185 | £390,000 | THE HOMESTEAD ELM CLOSE |
| 13 Oct 2022 | £317,440 | £318,500 | 4 WYCHWOOD CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Jul 2016. Using an estimated price of £255,370 means this house is valued at £3,152 per sq meter (£292 per sq foot).
The average size of a house on ORCHARD ROAD is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Glade |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Ashtree Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Green |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kerry Fields |