£92,058
This estimated value is based upon the latest sale price for the house of £54,200 on 31 May 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £54,200 | 31 May 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 May 2012 the House Price Index for ISLE OF WIGHT was 87.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.849%.Applying this 69.849% change to the original purchase price of £54,200 results in an estimated price of approximately £92,058.
| 31 May 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.0 | 69.849 % | £54,200 | £37,858 | £92,058 |
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 | 26.439 % | £14,330 | £68,530 |
| 3 Month Average | 21.059 % | £11,414 | £65,614 |
| 6 Month Average | 55.231 % | £29,935 | £84,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £141,048 | £140,000 | 35 ALBERT STREET |
| 8 Mar 2023 | £105,571 | £105,000 | FLAT 3 94 HIGH STREET |
| 14 Apr 2022 | £166,154 | £162,000 | 5A MARKET STREET |
| 8 Apr 2022 | £171,282 | £167,000 | 68A HIGH STREET |
| 24 Mar 2022 | £258,020 | £250,000 | 36 ALBERT STREET |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 2 Nov 2021. Using an estimated price of £92,058 means this house is valued at £2,360 per sq meter (£219 per sq foot).
The average size of a house on ALBERT STREET is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |
| Apr 2024 | Robbery | Under investigation | On or near Market Street |
| Apr 2024 | Anti-social behaviour | On or near High Street | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |