£278,721
This estimated value is based upon the latest sale price for the house of £180,000 on 6 Jun 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 |
|---|---|
| £180,000 | 6 Jun 2014 |
| £60,000 | 25 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 June 2014 the House Price Index for ISLE OF WIGHT was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £180,000 results in an estimated price of approximately £278,721.
| 6 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £180,000 | £98,721 | £278,721 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 8.748 % | £15,746 | £195,746 |
| 3 Month Average | 35.040 % | £63,072 | £243,072 |
| 6 Month Average | 36.541 % | £65,773 | £245,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £272,365 | £270,000 | 53 PEROWNE WAY |
| 19 Mar 2024 | £274,162 | £269,950 | 22 PEROWNE WAY |
| 13 Dec 2023 | £201,182 | £195,000 | 53 CENTRAL WAY |
| 22 Aug 2023 | £281,069 | £276,000 | 12 COXS GREEN |
| 6 Jan 2023 | £230,616 | £230,000 | 1 COXS GREEN |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Jan 2014. Using an estimated price of £278,722 means this house is valued at £3,981 per sq meter (£369 per sq foot).
The average size of a house on PEROWNE WAY is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandown |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Mews |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Mews |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Mews |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Mews |