£808,429
This estimated value is based upon the latest sale price for the house of £440,000 on 9 Apr 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £440,000 | 9 Apr 2009 |
| £135,000 | 30 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 216 sq meters or 2,325 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 April 2009 the House Price Index for ISLE OF WIGHT was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.734%.Applying this 83.734% change to the original purchase price of £440,000 results in an estimated price of approximately £808,429.
| 9 Apr 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.734 % | £440,000 | £368,429 | £808,429 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 36.770 % | £161,786 | £601,786 |
| 3 Month Average | 53.426 % | £235,073 | £675,073 |
| 6 Month Average | 33.507 % | £147,432 | £587,432 |
This house has a floor area of 216 sq meters or 2,325 sq feet when measured on 1 Oct 2013.
The average size of a house on WATERGATE ROAD is 158 sq meters (1,706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Melrose Close |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Sydney Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |