£285,419
This estimated value is based upon the latest sale price for the house of £239,000 on 25 Aug 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 |
|---|---|
| £239,000 | 25 Aug 2020 |
| £82,500 | 2 May 1997 |
| Semi-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 August 2020 the House Price Index for ISLE OF WIGHT was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £239,000 results in an estimated price of approximately £285,419.
| 25 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £239,000 | £46,419 | £285,419 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | -3.078 % | £-7,355 | £231,644 |
| 3 Month Average | 16.346 % | £39,065 | £278,065 |
| 6 Month Average | 29.610 % | £70,768 | £309,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £611,570 | £600,000 | 15 GLENDALE CLOSE |
| 6 Nov 2023 | £501,437 | £495,000 | 154 HIGH STREET |
| 14 Jul 2023 | £292,769 | £290,000 | 1 STILE CLOSE PACKSFIELD LANE |
| 13 Jul 2023 | £353,342 | £350,000 | MELVINA GRAVEL PIT ROAD |
| 20 Sep 2022 | £444,593 | £450,000 | SANDALWOOD GRAVEL PIT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gravel Pit Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Packsfield Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Harwood Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fernside Way |
| Jan 2024 | Burglary | Under investigation | On or near Kennedy Close |