£448,808
This estimated value is based upon the latest sale price for the house of £420,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Hooke Hill
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| Price Paid | Date |
|---|---|
| £420,000 | 30 Jun 2021 |
| £357,500 | 16 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 June 2021 the House Price Index for ISLE OF WIGHT was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £420,000 results in an estimated price of approximately £448,808.
| 30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £420,000 | £28,808 | £448,808 |
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 | -45.075 % | £-189,317 | £230,682 |
| 3 Month Average | -16.063 % | £-67,465 | £352,534 |
| 6 Month Average | -15.538 % | £-65,257 | £354,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £172,081 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
| 15 Nov 2023 | £227,926 | £225,000 | 29 EDINBURGH ROAD |
| 23 Feb 2023 | £338,399 | £340,000 | DERRY DOWNS HOOKE HILL |
| 16 Feb 2023 | £228,917 | £230,000 | 19 EDINBURGH ROAD |
| 12 Oct 2022 | £367,044 | £372,500 | GREEN HAILEY HOOKE HILL |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 30 Nov 2016. Using an estimated price of £448,809 means this house is valued at £3,374 per sq meter (£313 per sq foot).
The average size of a house on HOOKE CLOSE is 146 sq meters (1,576 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Hooke Hill |
| Apr 2024 | Anti-social behaviour | On or near The Crundles | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Petrol Station |