£403,627
This estimated value is based upon the latest sale price for the house of £395,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £395,000 | 17 Jun 2022 |
| £190,000 | 1 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2022 the House Price Index for ISLE OF WIGHT was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £395,000 results in an estimated price of approximately £403,627.
| 17 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £395,000 | £8,627 | £403,627 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | -62.853 % | £-248,270 | £146,729 |
| 3 Month Average | 22.070 % | £87,178 | £482,178 |
| 6 Month Average | 19.704 % | £77,831 | £472,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £268,243 | £260,000 | 16 DOWNSIDE |
| 25 Aug 2023 | £74,341 | £73,000 | 62 OCEAN VIEW ROAD |
| 24 Mar 2023 | £238,991 | £235,000 | 3 SOUTH VIEW NEWPORT ROAD |
| 2 Sep 2022 | £635,575 | £636,000 | 32 ZIG ZAG ROAD |
| 12 Aug 2022 | £140,658 | £140,000 | 18 OCEAN VIEW ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 7 Sep 2012. Using an estimated price of £403,628 means this house is valued at £4,387 per sq meter (£407 per sq foot).
The average size of a house on OCEAN VIEW ROAD is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Local resolution | On or near Steephill Down Road |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Down Lane |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Gill'S Cliff Road |
| Oct 2024 | Anti-social behaviour | On or near Park Avenue | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |