£333,235
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Apr 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 |
|---|---|
| £265,000 | 17 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,403 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 2018 the House Price Index for ISLE OF WIGHT was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £265,000 results in an estimated price of approximately £333,235.
| 17 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £265,000 | £68,235 | £333,235 |
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 | 28.063 % | £74,368 | £339,368 |
| 3 Month Average | 33.451 % | £88,645 | £353,645 |
| 6 Month Average | 30.782 % | £81,571 | £346,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2022 | £281,862 | £270,000 | 17 ALBANY VIEW |
| 28 Jan 2022 | £206,739 | £195,000 | 11 ARGYLE ROAD |
| 9 Dec 2021 | £248,241 | £230,000 | 16 ALBANY VIEW |
| 19 Nov 2021 | £217,904 | £200,000 | 16A ALBANY VIEW |
| 5 Oct 2021 | £239,654 | £215,000 | 19 NORTHUMBERLAND ROAD |
This house has a floor area of 130 sq meters or 1,403 sq feet when measured on 18 Jun 2009. Using an estimated price of £333,235 means this house is valued at £2,556 per sq meter (£237 per sq foot).
The average size of a house on FOREST CLOSE is 131 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Further investigation is not in the public interest | On or near Forest Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Worcester Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Argyle Road |