£332,748
This estimated value is based upon the latest sale price for the house of £195,000 on 16 Aug 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £195,000 | 16 Aug 2011 |
| £184,000 | 1 Oct 2004 |
| £63,500 | 17 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 787 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 August 2011 the House Price Index for ISLE OF WIGHT was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.640%.Applying this 70.640% change to the original purchase price of £195,000 results in an estimated price of approximately £332,748.
| 16 Aug 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.640 % | £195,000 | £137,748 | £332,748 |
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 | 51.449 % | £100,326 | £295,326 |
| 3 Month Average | 49.507 % | £96,539 | £291,539 |
| 6 Month Average | 45.396 % | £88,521 | £283,521 |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 16 Nov 2010.
The average size of a house on VENNER AVENUE is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Street |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Horseshoe Close |
| Feb 2024 | Anti-social behaviour | On or near Nodes Road | |
| Feb 2024 | Anti-social behaviour | On or near Nodes Road |