£236,353
This estimated value is based upon the latest sale price for the house of £200,000 on 9 Oct 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 |
|---|---|
| £200,000 | 9 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2020 the House Price Index for ISLE OF WIGHT was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £200,000 results in an estimated price of approximately £236,353.
| 9 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £200,000 | £36,353 | £236,353 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | 57.947 % | £115,893 | £315,893 |
| 3 Month Average | 11.130 % | £22,260 | £222,260 |
| 6 Month Average | 10.779 % | £21,558 | £221,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £180,000 | £180,000 | 68 ADELAIDE GROVE |
| 15 Dec 2023 | £167,652 | £162,500 | 36 KINGS ROAD |
| 28 Sep 2023 | £268,928 | £263,000 | 48 ADELAIDE GROVE |
| 28 Sep 2023 | £184,057 | £180,000 | 33 KINGS ROAD |
| 3 Apr 2023 | £188,526 | £185,000 | 38A KINGS ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Jun 2020. Using an estimated price of £236,353 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on ADELAIDE GROVE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Falcon Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Falcon Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Falcon Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Road |