£117,023
This estimated value is based upon the latest sale price for the house of £86,000 on 17 Mar 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £86,000 | 17 Mar 2016 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2016 the House Price Index for ISLE OF WIGHT was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £86,000 results in an estimated price of approximately £117,023.
| 17 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £86,000 | £31,023 | £117,023 |
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 | 2.809 % | £2,415 | £88,415 |
| 3 Month Average | 66.980 % | £57,602 | £143,602 |
| 6 Month Average | 71.492 % | £61,483 | £147,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £775,000 | £775,000 | 33 LEESON ROAD |
| 8 Dec 2023 | £613,863 | £595,000 | BEESWING BONCHURCH SHUTE |
| 23 Nov 2023 | £497,632 | £485,000 | MIRAMAR VIEW BONCHURCH SHUTE |
| 8 Sep 2023 | £204,508 | £200,000 | WHITEGATES BONCHURCH SHUTE |
| 26 Jun 2023 | £552,063 | £541,000 | 8 LEESON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Aug 2021. Using an estimated price of £117,023 means this house is valued at £1,857 per sq meter (£172 per sq foot).
The average size of a house on LEESON ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Other theft | Under investigation | On or near The Pitts |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Pitts |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near The Pitts |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shore Road |