£391,900
This estimated value is based upon the latest sale price for the house of £383,000 on 9 Oct 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Solent View Road
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| Price Paid | Date |
|---|---|
| £383,000 | 9 Oct 2023 |
| £50,000 | 21 Jan 1997 |
| £46,000 | 28 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2023 the House Price Index for ISLE OF WIGHT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £383,000 results in an estimated price of approximately £391,900.
| 9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £383,000 | £8,900 | £391,900 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 37.946 % | £145,332 | £528,332 |
| 3 Month Average | 7.086 % | £27,138 | £410,138 |
| 6 Month Average | -0.465 % | £-1,780 | £381,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £645,606 | £640,000 | 35 LOWER CHURCH ROAD |
| 8 Mar 2024 | £426,554 | £420,000 | 23 ALBERT ROAD |
| 30 Nov 2023 | £395,027 | £385,000 | 34 ALBERT ROAD |
| 9 Oct 2023 | £391,901 | £383,000 | 57 SOLENT VIEW ROAD |
| 17 Apr 2023 | £280,242 | £275,000 | 39 ALBERT ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Sep 2020. Using an estimated price of £391,901 means this house is valued at £4,721 per sq meter (£438 per sq foot).
The average size of a house on SOLENT VIEW ROAD is 128 sq meters (1,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Solent View Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower Church Road |
| Apr 2024 | Drugs | Further investigation is not in the public interest | On or near Bay View Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tilbury Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westbrook Lane |