£587,680
This estimated value is based upon the latest sale price for the house of £316,000 on 7 Jun 2005. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £316,000 | 7 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 204 sq meters or 2,198 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 June 2005 the House Price Index for ISLE OF WIGHT was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £316,000 results in an estimated price of approximately £587,680.
| 7 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £316,000 | £271,680 | £587,680 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | 35.502 % | £112,186 | £428,186 |
| 3 Month Average | 51.702 % | £163,378 | £479,378 |
| 6 Month Average | 71.157 % | £224,855 | £540,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £198,582 | £195,000 | FLAT 11 NAPIER APARTMENTS, 16 ESPLANADE |
| 1 Jun 2023 | £765,337 | £750,000 | 12 QUEENS ROAD |
| 15 Jul 2022 | £378,796 | £375,000 | FLAT 19 SAVOY COURT, 7 CHINE AVENUE |
| 6 May 2022 | £246,420 | £240,000 | FLAT 2 WAVERLEY COURT, 8 ESPLANADE |
| 14 Mar 2022 | £287,082 | £275,000 | FLAT 4 THE ADELAIDE, 15 ESPLANADE |
This house has a floor area of 204 sq meters or 2,198 sq feet when measured on 5 Jul 2011. Using an estimated price of £587,681 means this house is valued at £2,877 per sq meter (£267 per sq foot).
The average size of a house on ESPLANADE is 70 sq meters (756 sq feet).
This house is the largest in the street with a floor area of 204 sq meters (2,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Everton Lane | |
| Aug 2024 | Anti-social behaviour | On or near Everton Lane |