£237,557
This estimated value is based upon the latest sale price for the house of £195,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£195,000 | 29 May 2020 |
£165,000 | 2 Jul 2012 |
£156,321 | 31 Jul 2009 |
£115,000 | 25 Apr 2003 |
£58,000 | 27 Aug 1998 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 783 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 May 2020 the House Price Index for ISLE OF WIGHT was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £195,000 results in an estimated price of approximately £237,557.
29 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.824 % | £195,000 | £42,557 | £237,557 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 3.582 % | £6,984 | £201,984 |
3 Month Average | 8.842 % | £17,241 | £212,241 |
6 Month Average | 13.704 % | £26,723 | £221,723 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £135,565 | £133,000 | FLAT 2 KINGSLEA CORONATION ROAD |
17 Nov 2023 | £283,641 | £280,000 | 48 ALEXANDRA ROAD |
24 Mar 2023 | £175,951 | £175,000 | 91 FELLOWS ROAD |
30 Nov 2022 | £244,043 | £248,000 | 84 FELLOWS ROAD |
21 Jun 2022 | £136,382 | £135,000 | FLAT 4 KINGSMERE CORONATION ROAD |
This house has a floor area of 72 sq meters or 783 sq feet when measured on 12 Oct 2011. Using an estimated price of £237,557 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on ALEXANDRA ROAD is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alexandra Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coronation Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fellows Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Hill Road |