£224,805
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Jun 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £220,000 | 13 Jun 2022 |
| £162,000 | 3 Feb 2016 |
| £115,000 | 10 Jul 2015 |
| Semi-Detached |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 June 2022 the House Price Index for ISLE OF WIGHT was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £220,000 results in an estimated price of approximately £224,805.
| 13 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £220,000 | £4,805 | £224,805 |
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 | -48.701 % | £-107,142 | £112,857 |
| 3 Month Average | -17.408 % | £-38,296 | £181,703 |
| 6 Month Average | -13.398 % | £-29,475 | £190,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £160,946 | £156,000 | 2 WEST PLACE |
| 1 Dec 2023 | £187,770 | £182,000 | 6 WEST PLACE |
| 11 Oct 2023 | £271,159 | £265,000 | 26 ARTHUR STREET |
| 21 Sep 2023 | £665 | £650 | 8 WEST PLACE |
| 8 Jun 2023 | £252,561 | £247,500 | 48 ARTHUR STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 26 Nov 2015. Using an estimated price of £224,805 means this house is valued at £2,775 per sq meter (£257 per sq foot).
The average size of a house on ARTHUR STREET is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near West Place |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near West Place |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argyll Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argyll Place |
| Jul 2024 | Anti-social behaviour | On or near Arthur Street |