£523,848
This estimated value is based upon the latest sale price for the house of £395,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£395,000 | 8 Jul 2016 |
Detached |
Freehold |
Floor Area: 167 sq meters or 1,797 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 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £395,000 results in an estimated price of approximately £523,848.
8 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.0 | 32.620 % | £395,000 | £128,848 | £523,848 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 48.896 % | £193,140 | £588,140 |
3 Month Average | 48.251 % | £190,592 | £585,592 |
6 Month Average | 56.376 % | £222,686 | £617,686 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £180,610 | £180,000 | FLAT 2 LANGHAM COURT, 53 FORELAND ROAD |
11 Aug 2023 | £628,824 | £625,000 | 44 FORELAND ROAD |
14 Apr 2023 | £214,091 | £212,500 | FLAT 4 WOODLANDS FORELAND ROAD |
6 Apr 2023 | £1,057,863 | £1,050,000 | 76 FORELAND ROAD |
12 Jan 2023 | £599,732 | £605,000 | 42 FORELAND ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 19 Aug 2015. Using an estimated price of £523,849 means this house is valued at £3,136 per sq meter (£291 per sq foot).
The average size of a house on FORELAND ROAD is 139 sq meters (1,505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foreland Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Mar 2024 | Other theft | Action to be taken by another organisation | On or near Sherbourne Street |