£398,229
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Nov 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£210,000 | 25 Nov 2004 |
£185,000 | 27 Feb 2004 |
£60,000 | 13 Jun 1995 |
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 2004 the House Price Index for ISLE OF WIGHT was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £210,000 results in an estimated price of approximately £398,229.
25 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £210,000 | £188,229 | £398,229 |
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 | 62.971 % | £132,238 | £342,238 |
3 Month Average | 57.826 % | £121,435 | £331,435 |
6 Month Average | 65.867 % | £138,320 | £348,320 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £310,000 | £310,000 | 6 MARINA AVENUE |
24 Nov 2023 | £205,209 | £200,000 | 30 GRASMERE AVENUE |
28 Apr 2023 | £351,576 | £345,000 | 24 MARINA AVENUE |
12 Apr 2023 | £341,385 | £335,000 | 34 MARINA AVENUE |
20 Mar 2023 | £376,284 | £370,000 | 2 MARINA AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marina Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marina Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Grove |
Jul 2024 | Robbery | Unable to prosecute suspect | On or near Royal Walk |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Walk |