£203,611
This estimated value is based upon the latest sale price for the house of £130,000 on 19 Oct 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £130,000 | 19 Oct 2007 |
| £55,000 | 28 Jul 2005 |
| £36,000 | 4 Oct 1996 |
| Semi-Detached |
| 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 2007 the House Price Index for ISLE OF WIGHT was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £130,000 results in an estimated price of approximately £203,611.
| 19 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £130,000 | £73,611 | £203,611 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 25.865 % | £33,624 | £163,624 |
| 3 Month Average | 65.287 % | £84,873 | £214,873 |
| 6 Month Average | 64.670 % | £84,071 | £214,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £112,500 | £112,500 | FLAT 1 18 CORNWALL ROAD |
| 12 Dec 2023 | £237,291 | £230,000 | 70 NEWPORT ROAD |
| 6 Oct 2023 | £259,903 | £254,000 | 54 NEWPORT ROAD |
| 14 Sep 2023 | £215,756 | £211,000 | 76 NEWPORT ROAD |
| 31 Aug 2023 | £224,041 | £220,000 | 1 CORNWALL ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Feb 2014. Using an estimated price of £203,612 means this house is valued at £2,714 per sq meter (£252 per sq foot).
The average size of a house on NEWPORT ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Newport Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newport Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newport Road |
| Jun 2024 | Anti-social behaviour | On or near Downlands Crescent | |
| Jun 2024 | Anti-social behaviour | On or near Downlands Crescent |