£635,897
This estimated value is based upon the latest sale price for the house of £620,000 on 12 Apr 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £620,000 | 12 Apr 2022 |
| £500,000 | 21 Feb 2022 |
| £500,000 | 18 Dec 2009 |
| 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 April 2022 the House Price Index for ISLE OF WIGHT was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £620,000 results in an estimated price of approximately £635,897.
| 12 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £620,000 | £15,897 | £635,897 |
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 | -38.433 % | £-238,281 | £381,718 |
| 3 Month Average | -1.816 % | £-11,258 | £608,741 |
| 6 Month Average | 5.360 % | £33,233 | £653,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £757,162 | £750,000 | 78 FISHBOURNE LANE |
| 12 Jun 2023 | £655,313 | £650,000 | THE WILLOWS ASHLAKE COPSE ROAD |
| 19 Apr 2023 | £1,377,740 | £1,367,500 | 107 FISHBOURNE LANE |
| 14 Jul 2022 | £444,399 | £445,000 | 89 FISHBOURNE LANE |
| 29 Jun 2022 | £686,962 | £680,000 | FAIRFIELD QUARR LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Ferry Terminal |
| Jan 2024 | Vehicle crime | Under investigation | On or near Oaklands Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Creek Gardens |
| Mar 2024 | Anti-social behaviour | On or near Elenors Grove | |
| Mar 2024 | Anti-social behaviour | On or near Elenors Grove |