£272,533
This estimated value is based upon the latest sale price for the house of £221,500 on 14 Mar 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£221,500 | 14 Mar 2019 |
£140,000 | 15 May 2003 |
£70,000 | 1 Oct 2002 |
Detached |
Freehold |
Floor Area: 62 sq meters or 667 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 March 2019 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £221,500 results in an estimated price of approximately £272,533.
14 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.040 % | £221,500 | £51,033 | £272,533 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | 38.491 % | £85,257 | £306,757 |
3 Month Average | 14.943 % | £33,097 | £254,597 |
6 Month Average | 32.968 % | £73,023 | £294,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £255,840 | £251,000 | 37 SYLVAN AVENUE |
27 Nov 2023 | £283,641 | £280,000 | 19 VEREKER DRIVE |
24 Nov 2023 | £298,836 | £295,000 | 58 SYLVAN AVENUE |
10 Nov 2023 | £319,097 | £315,000 | 34 SYLVAN AVENUE |
30 Jun 2023 | £312,534 | £310,000 | 25 SYLVAN AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Oct 2012. Using an estimated price of £272,534 means this house is valued at £4,395 per sq meter (£408 per sq foot).
The average size of a house on VEREKER DRIVE is 80 sq meters (863 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hendy Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hendy Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Vereker Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near John Nash Avenue |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near John Nash Avenue |