£190,804
This estimated value is based upon the latest sale price for the house of £189,000 on 21 Jul 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £189,000 | 21 Jul 2023 |
| £38,500 | 4 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2023 the House Price Index for ISLE OF WIGHT was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £189,000 results in an estimated price of approximately £190,804.
| 21 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £189,000 | £1,804 | £190,804 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | -28.720 % | £-54,280 | £134,719 |
| 3 Month Average | 14.715 % | £27,812 | £216,812 |
| 6 Month Average | 4.985 % | £9,421 | £198,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £377,294 | £375,000 | 24 ARGYLL STREET |
| 26 Jul 2023 | £136,289 | £135,000 | 59A ARGYLL STREET |
| 21 Jul 2023 | £190,805 | £189,000 | 6 KING ARTHUR CLOSE |
| 26 Jun 2023 | £335,218 | £332,500 | 125 ARTHUR STREET |
| 8 Jun 2023 | £249,523 | £247,500 | 48 ARTHUR STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 8 Jul 2020. Using an estimated price of £190,805 means this house is valued at £3,533 per sq meter (£328 per sq foot).
The average size of a house on KING ARTHUR CLOSE is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Arthur Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argyll Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Argyll Place |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near West Place |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near West Place |