£550,882
This estimated value is based upon the latest sale price for the house of £247,000 on 15 Oct 2003. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £247,000 | 15 Oct 2003 |
| 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 October 2003 the House Price Index for ISLE OF WIGHT was 66.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 123.029%.Applying this 123.029% change to the original purchase price of £247,000 results in an estimated price of approximately £550,882.
| 15 Oct 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.0 | 123.029 % | £247,000 | £303,882 | £550,882 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 51.921 % | £128,244 | £375,244 |
| 3 Month Average | 104.736 % | £258,698 | £505,698 |
| 6 Month Average | 103.381 % | £255,351 | £502,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £57,000 | £57,000 | FLAT 2 CONISTON HOUSE CONISTON DRIVE |
| 23 Aug 2023 | £352,141 | £350,000 | 29 WESTWOOD ROAD |
| 29 Jul 2022 | £504,318 | £505,000 | 21 WESTWOOD ROAD |
| 8 Apr 2022 | £538,462 | £525,000 | 15 NORTHWOOD DRIVE |
| 4 Feb 2022 | £934,792 | £895,000 | SPINDRIFT ST GEORGES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spencer Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St George'S Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spencer Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Gwydyr Close |