£217,925
This estimated value is based upon the latest sale price for the house of £175,000 on 2 May 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £175,000 | 2 May 2019 |
| Terraced |
| 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 May 2019 the House Price Index for ISLE OF WIGHT was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £175,000 results in an estimated price of approximately £217,925.
| 2 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £175,000 | £42,925 | £217,925 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 167.029 % | £292,301 | £467,301 |
| 3 Month Average | 24.725 % | £43,269 | £218,269 |
| 6 Month Average | 36.699 % | £64,222 | £239,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £62,000 | £62,000 | 2 WALMER HOUSE TENNYSON ROAD |
| 13 May 2024 | £120,000 | £120,000 | 1 WALMER HOUSE TENNYSON ROAD |
| 9 Nov 2023 | £282,162 | £275,000 | BRAMBLES HIGH STREET |
| 11 Oct 2023 | £71,627 | £70,000 | ISLE OF WIGHT FLOWERS AVENUE ROAD |
| 15 Feb 2023 | £176,177 | £175,000 | FLAT 2 ROSE DAY COURT TENNYSON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tennyson Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Avenue Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Avenue Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Avenue Road |