£244,310
This estimated value is based upon the latest sale price for the house of £56,500 on 6 Aug 1999. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £56,500 | 6 Aug 1999 |
| £42,950 | 29 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 1999 the House Price Index for ISLE OF WIGHT was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £56,500 results in an estimated price of approximately £244,310.
| 6 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £56,500 | £187,810 | £244,310 |
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 | 250.949 % | £141,786 | £198,286 |
| 3 Month Average | 282.190 % | £159,437 | £215,937 |
| 6 Month Average | 296.817 % | £167,701 | £224,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £425,000 | £425,000 | 67 ASH LANE |
| 22 Mar 2024 | £201,090 | £198,000 | 33 PINEVIEW DRIVE |
| 31 Oct 2023 | £260,926 | £255,000 | 13 PARK CLOSE |
| 11 Aug 2022 | £366,715 | £365,000 | 36 ASH LANE |
| 10 Aug 2022 | £271,268 | £270,000 | 17 FOREST HILLS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Nov 2016. Using an estimated price of £244,311 means this house is valued at £3,441 per sq meter (£319 per sq foot).
The average size of a house on ASH CLOSE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Broadwood Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pineview Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pineview Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Hollows |