£274,993
This estimated value is based upon the latest sale price for the house of £205,000 on 21 Jul 2016. 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 | 21 Jul 2016 |
| £160,000 | 12 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £205,000 results in an estimated price of approximately £274,993.
| 21 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £205,000 | £69,993 | £274,993 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 12.228 % | £25,068 | £230,068 |
| 3 Month Average | 20.091 % | £41,187 | £246,187 |
| 6 Month Average | 27.901 % | £57,197 | £262,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £272,365 | £270,000 | 53 PEROWNE WAY |
| 19 Mar 2024 | £274,162 | £269,950 | 22 PEROWNE WAY |
| 13 Dec 2023 | £201,182 | £195,000 | 53 CENTRAL WAY |
| 22 Aug 2023 | £281,069 | £276,000 | 12 COXS GREEN |
| 6 Jan 2023 | £230,616 | £230,000 | 1 COXS GREEN |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Apr 2015. Using an estimated price of £274,994 means this house is valued at £3,873 per sq meter (£359 per sq foot).
The average size of a house on PEROWNE WAY is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bishops Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bishops Close |
| Sep 2024 | Drugs | Under investigation | On or near Bishops Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Mews |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Mews |