£331,051
This estimated value is based upon the latest sale price for the house of £70,000 on 30 Jun 1998. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£70,000 | 30 Jun 1998 |
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 June 1998 the House Price Index for ISLE OF WIGHT was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £70,000 results in an estimated price of approximately £331,051.
30 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 149.7 | 372.931 % | £70,000 | £261,051 | £331,051 |
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 | 267.742 % | £187,419 | £257,419 |
3 Month Average | 322.356 % | £225,649 | £295,649 |
6 Month Average | 386.107 % | £270,275 | £340,275 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £460,458 | £450,000 | SUNRISE CORNER HIGH STREET |
5 Sep 2023 | £396,235 | £387,500 | 21 BANNOCK ROAD |
10 Feb 2023 | £744,976 | £740,000 | OLD CHAPEL HOUSE HIGH STREET |
1 Apr 2022 | £350,130 | £337,500 | 36 BANNOCK ROAD |
29 Sep 2021 | £345,754 | £318,500 | LINDEN LEA HIGH STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ventnor Road |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ventnor Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nettlecombe Lane |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingates Lane |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Whitwell Road |