£459,829
This estimated value is based upon the latest sale price for the house of £450,000 on 16 Jun 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£450,000 | 16 Jun 2022 |
£310,000 | 12 Dec 2016 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2022 the House Price Index for ISLE OF WIGHT was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £450,000 results in an estimated price of approximately £459,829.
16 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £450,000 | £9,829 | £459,829 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | -67.880 % | £-305,459 | £144,540 |
3 Month Average | -54.166 % | £-243,746 | £206,253 |
6 Month Average | -33.069 % | £-148,811 | £301,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £280,000 | £280,000 | 2 LOCKSLEY MEWS |
22 Sep 2023 | £409,016 | £400,000 | MCKINLEY VICTORIA ROAD |
24 Aug 2023 | £513,257 | £504,000 | KENT VILLA OMMANNEY ROAD |
16 Jun 2022 | £459,829 | £450,000 | 9 THE GLEN |
14 Apr 2022 | £414,917 | £399,950 | 11 THE GLEN |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 5 Aug 2016. Using an estimated price of £459,829 means this house is valued at £4,105 per sq meter (£381 per sq foot).
The average size of a house on THE GLEN is 120 sq meters (1,300 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glen |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heytesbury Road |
Jul 2024 | Anti-social behaviour | On or near St James' Street | |
Jul 2024 | Anti-social behaviour | On or near St James' Street | |
Jul 2024 | Anti-social behaviour | On or near St James' Street |