£164,274
This estimated value is based upon the latest sale price for the house of £29,250 on 24 Jul 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£29,250 | 24 Jul 1996 |
Flats/Maisonettes |
Leasehold |
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 1996 the House Price Index for ISLE OF WIGHT was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £29,250 results in an estimated price of approximately £164,274.
24 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.7 | 149.7 | 461.621 % | £29,250 | £135,024 | £164,274 |
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 | 345.323 % | £101,006 | £130,256 |
3 Month Average | 494.721 % | £144,705 | £173,955 |
6 Month Average | 501.115 % | £146,576 | £175,826 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2023 | £596,963 | £585,000 | POWYS LODGE NEWPORT ROAD |
16 Jun 2023 | £162,252 | £159,000 | 4A WORSLEY ROAD |
24 Aug 2022 | £301,409 | £300,000 | FAIRVIEW SCHOOL ROAD |
22 Aug 2022 | £351,644 | £350,000 | 11 WORSLEY ROAD |
8 Aug 2022 | £431,970 | £429,950 | FISTRAL NEWPORT ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Newport Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Crescent |
May 2024 | Violence and sexual offences | Local resolution | On or near School Crescent |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Dubbers |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dubbers |