£279,463
This estimated value is based upon the latest sale price for the house of £150,000 on 18 May 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 |
|---|---|
| £150,000 | 18 May 2009 |
| £75,000 | 15 Dec 2000 |
| £38,500 | 18 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 May 2009 the House Price Index for ISLE OF WIGHT was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £150,000 results in an estimated price of approximately £279,463.
| 18 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £150,000 | £129,463 | £279,463 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | 86.761 % | £130,141 | £280,141 |
| 3 Month Average | 48.170 % | £72,254 | £222,254 |
| 6 Month Average | 44.510 % | £66,764 | £216,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £431,512 | £422,000 | 2 CAMPFIELD ROAD |
| 31 Jan 2023 | £486,299 | £485,000 | 2A ALVERSTONE ROAD |
| 4 Jan 2023 | £210,563 | £210,000 | 1 ALVERSTONE ROAD |
| 24 Mar 2022 | £365,377 | £350,000 | 21 BARTON CLOSE |
| 7 Jan 2022 | £355,166 | £335,000 | 21 ALVERSTONE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 27 Feb 2015. Using an estimated price of £279,464 means this house is valued at £4,109 per sq meter (£381 per sq foot).
The average size of a house on ALVERSTONE ROAD is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Alverstone Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Folly Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Folly Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Folly Lane |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Folly Lane |