£247,628
This estimated value is based upon the latest sale price for the house of £205,000 on 14 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 |
|---|---|
| £205,000 | 14 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2020 the House Price Index for ISLE OF WIGHT was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £205,000 results in an estimated price of approximately £247,628.
| 14 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £205,000 | £42,628 | £247,628 |
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 | 42.393 % | £86,905 | £291,905 |
| 3 Month Average | 13.147 % | £26,950 | £231,950 |
| 6 Month Average | 11.779 % | £24,147 | £229,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £182,809 | £180,000 | 15 FAIRMOUNT DRIVE |
| 23 Jun 2023 | £255,061 | £249,950 | 30 COOPER ROAD |
| 31 Jan 2023 | £235,630 | £235,000 | 9 BELLMEAD LANE |
| 25 Jan 2023 | £300,804 | £300,000 | 48 COOPER ROAD |
| 13 Apr 2022 | £233,420 | £225,000 | 35 FAIRMOUNT DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 11 Jun 2019. Using an estimated price of £247,628 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on COOPER ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oak Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oak Road |
| Sep 2024 | Public order | Under investigation | On or near Cook Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cook Avenue |