£504,122
This estimated value is based upon the latest sale price for the house of £137,500 on 16 Nov 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£137,500 | 16 Nov 2000 |
£87,500 | 2 Feb 1998 |
Detached |
Freehold |
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 November 2000 the House Price Index for ISLE OF WIGHT was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £137,500 results in an estimated price of approximately £504,122.
16 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.8 | 149.7 | 266.635 % | £137,500 | £366,622 | £504,122 |
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 | 172.634 % | £237,371 | £374,871 |
3 Month Average | 205.289 % | £282,273 | £419,773 |
6 Month Average | 165.491 % | £227,549 | £365,049 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £258,563 | £252,000 | 56 GREEN LANE |
7 Nov 2023 | £437,095 | £426,000 | 14 KING EDWARD CLOSE |
2 Oct 2023 | £429,761 | £420,000 | 2 WITBANK CLOSE |
28 Feb 2023 | £271,816 | £270,000 | 75 GREEN LANE |
15 Jul 2022 | £252,530 | £250,000 | 58 GREEN LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Unable to prosecute suspect | On or near Green Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edwards Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Gardens |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Coronation Gardens |