£330,186
This estimated value is based upon the latest sale price for the house of £64,000 on 27 Jun 1997. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £64,000 | 27 Jun 1997 |
| 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 June 1997 the House Price Index for ISLE OF WIGHT was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £64,000 results in an estimated price of approximately £330,186.
| 27 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £64,000 | £266,186 | £330,186 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 655.026 % | £419,216 | £483,216 |
| 3 Month Average | 392.610 % | £251,270 | £315,270 |
| 6 Month Average | 371.174 % | £237,551 | £301,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £343,725 | £335,000 | 37 WYATTS LANE |
| 30 Jun 2023 | £301,033 | £295,000 | 18 HARRY CHEEK GARDENS |
| 20 Apr 2023 | £295,528 | £290,000 | 7 CHESSELL CLOSE |
| 4 Nov 2022 | £293,627 | £295,000 | 12 CHESSELL CLOSE |
| 20 Sep 2022 | £499,666 | £500,000 | 82 PALLANCE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodside Close |
| May 2024 | Other theft | Under investigation | On or near Woodside Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chessell Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chessell Close |
| Jun 2024 | Other crime | Under investigation | On or near Chessell Close |