£192,620
This estimated value is based upon the latest sale price for the house of £155,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£155,000 | 14 Dec 2018 |
£110,000 | 15 Jun 2012 |
£118,000 | 26 Nov 2004 |
£34,000 | 8 Aug 1997 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 December 2018 the House Price Index for ISLE OF WIGHT was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £155,000 results in an estimated price of approximately £192,620.
14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £155,000 | £37,620 | £192,620 |
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 | 76.755 % | £118,970 | £273,970 |
3 Month Average | 30.235 % | £46,863 | £201,863 |
6 Month Average | 23.169 % | £35,912 | £190,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £249,670 | £245,000 | 40 MILTON ROAD |
6 Apr 2023 | £285,337 | £280,000 | 14 FRASER CLOSE |
28 Mar 2023 | £244,076 | £240,000 | 6 FRASER CLOSE |
23 Mar 2023 | £218,652 | £215,000 | 250 ARCTIC ROAD |
20 Jan 2023 | £240,643 | £240,000 | 53 TENNYSON ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 1 Feb 2018. Using an estimated price of £192,620 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on TENNYSON ROAD is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Road |
Jun 2024 | Theft from the person | Action to be taken by another organisation | On or near Tennyson Road |
May 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Tennyson Road |