£66,193
This estimated value is based upon the latest sale price for the house of £65,000 on 15 Aug 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £65,000 | 15 Aug 2023 |
| Leasehold |
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 2023 the House Price Index for ISLE OF WIGHT was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £65,000 results in an estimated price of approximately £66,193.
| 15 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £65,000 | £1,193 | £66,193 |
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 | -9.692 % | £-6,299 | £58,700 |
| 3 Month Average | 1.159 % | £753 | £65,753 |
| 6 Month Average | -3.796 % | £-2,467 | £62,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £91,404 | £90,000 | 226 GURNARD PINES |
| 1 Dec 2023 | £53,649 | £52,000 | 164 GURNARD PINES |
| 16 Oct 2023 | £64,464 | £63,000 | 216 GURNARD PINES |
| 16 Aug 2023 | £76,378 | £75,000 | 76 GURNARD PINES |
| 15 Aug 2023 | £66,194 | £65,000 | 83 GURNARD PINES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cockleton Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cockleton Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockleton Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockleton Lane |
| May 2024 | Other crime | Under investigation | On or near Cockleton Lane |