£330,001
This estimated value is based upon the latest sale price for the house of £265,000 on 10 May 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £265,000 | 10 May 2019 |
| 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 May 2019 the House Price Index for ISLE OF WIGHT was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £265,000 results in an estimated price of approximately £330,001.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £265,000 | £65,001 | £330,001 |
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 | 27.454 % | £72,751 | £337,751 |
| 3 Month Average | 10.471 % | £27,748 | £292,748 |
| 6 Month Average | 15.988 % | £42,367 | £307,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £249,164 | £247,000 | 12 FOOTWAYS |
| 11 Oct 2023 | £578,131 | £565,000 | 68 PALMERS ROAD |
| 10 Oct 2023 | £431,807 | £422,000 | THE HAYLOFT PALMERS FARM BROCKS COPSE ROAD |
| 22 Sep 2023 | £427,422 | £418,000 | 11 BROCKS COPSE ROAD |
| 1 Dec 2021 | £377,758 | £350,000 | 20 FOOTWAYS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Other crime | Under investigation | On or near Norman Way |
| Jun 2024 | Drugs | Under investigation | On or near Church Road |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Church Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |