£346,577
This estimated value is based upon the latest sale price for the house of £202,000 on 23 Aug 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £202,000 | 23 Aug 2012 |
| £65,000 | 24 Jul 1996 |
| 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 August 2012 the House Price Index for ISLE OF WIGHT was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £202,000 results in an estimated price of approximately £346,577.
| 23 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £202,000 | £144,577 | £346,577 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 7.819 % | £15,793 | £217,793 |
| 3 Month Average | 66.080 % | £133,481 | £335,481 |
| 6 Month Average | 60.129 % | £121,461 | £323,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Aug 2024 | £186,000 | £186,000 | 38 CLARENCE ROAD |
| 17 Nov 2023 | £205,209 | £200,000 | FLAT 1 53 CLARENCE ROAD |
| 26 Jan 2023 | £428,645 | £427,500 | 14 CLARENCE ROAD |
| 5 Jan 2023 | £321,860 | £321,000 | 39 MOUNTFIELD ROAD |
| 2 Nov 2022 | £237,888 | £239,000 | 50 WEST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mountfield Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Wallis Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallis Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grove Road |