£526,501
This estimated value is based upon the latest sale price for the house of £485,000 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £485,000 | 23 Sep 2021 |
| £255,000 | 11 Sep 2013 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 September 2021 the House Price Index for ISLE OF WIGHT was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £485,000 results in an estimated price of approximately £526,501.
| 23 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £485,000 | £41,501 | £526,501 |
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 | 2.250 % | £10,911 | £495,911 |
| 3 Month Average | 16.181 % | £78,478 | £563,478 |
| 6 Month Average | -1.572 % | £-7,625 | £477,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £787,093 | £775,000 | THE QUARRY BINSTEAD ROAD |
| 12 Sep 2023 | £171,787 | £168,000 | FLAT 4 STONEPITTS HOUSE STONEPITTS CLOSE |
| 1 Aug 2023 | £208,765 | £205,000 | 77 BINSTEAD ROAD |
| 12 Jun 2023 | £479,611 | £470,000 | 32 BROOKFIELD GARDENS |
| 9 May 2022 | £462,037 | £450,000 | 7 BROOKFIELD GARDENS |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 30 Jul 2013. Using an estimated price of £526,501 means this house is valued at £5,111 per sq meter (£474 per sq foot).
The average size of a house on BROOKFIELD GARDENS is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ringwood Road |
| May 2024 | Anti-social behaviour | On or near Ringwood Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Road |
| May 2024 | Anti-social behaviour | On or near Ringwood Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Road |