£240,585
This estimated value is based upon the latest sale price for the house of £197,500 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£197,500 | 24 Jul 2020 |
£157,500 | 10 Oct 2014 |
£106,500 | 5 Jul 2002 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2020 the House Price Index for ISLE OF WIGHT was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £197,500 results in an estimated price of approximately £240,585.
24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £197,500 | £43,085 | £240,585 |
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 | 3.471 % | £6,854 | £204,354 |
3 Month Average | 13.937 % | £27,526 | £225,026 |
6 Month Average | 20.357 % | £40,204 | £237,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £347,320 | £345,000 | 15 GREENWAY |
4 Nov 2022 | £297,857 | £299,250 | 9 GREENWAY |
8 Aug 2022 | £257,203 | £256,000 | 4 THE MALL |
10 Feb 2022 | £234,534 | £222,000 | 2 THE MALL |
17 Dec 2021 | £242,844 | £225,000 | 36 PARKWAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Apr 2014. Using an estimated price of £240,585 means this house is valued at £3,045 per sq meter (£282 per sq foot).
The average size of a house on PARKWAY is 80 sq meters (865 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Verwood Drive |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bourn Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillrise Avenue |