£341,842
This estimated value is based upon the latest sale price for the house of £280,000 on 12 Apr 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 |
|---|---|
| £280,000 | 12 Apr 2019 |
| £246,000 | 27 Mar 2017 |
| £152,500 | 24 Jun 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 136 sq meters or 1,463 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 April 2019 the House Price Index for ISLE OF WIGHT was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £280,000 results in an estimated price of approximately £341,842.
| 12 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £280,000 | £61,842 | £341,842 |
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 | 16.070 % | £44,994 | £324,994 |
| 3 Month Average | 46.086 % | £129,041 | £409,041 |
| 6 Month Average | 29.701 % | £83,162 | £363,162 |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 23 Apr 2018.
The average size of a house on WELL STREET is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sandcroft Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quarry Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Surrey Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Surrey Street |