£297,248
This estimated value is based upon the latest sale price for the house of £248,500 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £248,500 | 18 Sep 2020 |
| £228,000 | 2 Aug 2011 |
| £175,000 | 17 Apr 2003 |
| £96,500 | 12 May 2000 |
| 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 September 2020 the House Price Index for ISLE OF WIGHT was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £248,500 results in an estimated price of approximately £297,248.
| 18 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £248,500 | £48,748 | £297,248 |
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 | -9.844 % | £-24,463 | £224,036 |
| 3 Month Average | 22.643 % | £56,267 | £304,767 |
| 6 Month Average | 22.408 % | £55,683 | £304,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £641,278 | £625,000 | APRIL COTTAGE, 8 THE ORCHARD |
| 30 Oct 2023 | £306,972 | £300,000 | 21 WILBERFORCE ROAD |
| 8 Aug 2023 | £336,061 | £330,000 | 37 WILBERFORCE ROAD |
| 31 Mar 2023 | £350,859 | £345,000 | 2 PIPPINS CLOSE |
| 2 Mar 2023 | £432,218 | £425,000 | 11 WILBERFORCE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Meadows Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollis Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hollis Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollis Drive |