£210,531
This estimated value is based upon the latest sale price for the house of £167,500 on 23 Oct 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £167,500 | 23 Oct 2017 |
| £175,000 | 24 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 October 2017 the House Price Index for ISLE OF WIGHT was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £167,500 results in an estimated price of approximately £210,531.
| 23 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £167,500 | £43,031 | £210,531 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | -12.970 % | £-21,724 | £145,775 |
| 3 Month Average | 16.086 % | £26,944 | £194,444 |
| 6 Month Average | 35.700 % | £59,797 | £227,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £265,014 | £260,000 | 50 MEDINA VIEW |
| 7 Aug 2023 | £221,346 | £220,000 | 19 MEDINA VIEW |
| 28 Jul 2023 | £212,005 | £210,000 | 20 MEDINA VIEW |
| 19 Jan 2023 | £218,084 | £220,000 | 23 ANCHORAGE WAY |
| 11 Apr 2022 | £276,923 | £270,000 | 65 MEDINA VIEW |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Sep 2017. Using an estimated price of £210,532 means this house is valued at £2,807 per sq meter (£260 per sq foot).
The average size of a house on MEDINA VIEW is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Kingston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchorage Way |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Minerva Road |