£237,872
This estimated value is based upon the latest sale price for the house of £147,000 on 20 Apr 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £147,000 | 20 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 April 2007 the House Price Index for ISLE OF WIGHT was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £147,000 results in an estimated price of approximately £237,872.
| 20 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £147,000 | £90,872 | £237,872 |
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 | 83.824 % | £123,222 | £270,222 |
| 3 Month Average | 56.681 % | £83,320 | £230,320 |
| 6 Month Average | 47.955 % | £70,494 | £217,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £253,901 | £250,000 | 174 NEWPORT ROAD |
| 18 Mar 2024 | £223,433 | £220,000 | 106 NEWPORT ROAD |
| 6 Oct 2023 | £219,997 | £215,000 | 11 STANLEY ROAD |
| 17 Aug 2023 | £320,786 | £315,000 | 145 NEWPORT ROAD |
| 29 Mar 2023 | £213,567 | £210,000 | 10 STANLEY ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Jun 2015. Using an estimated price of £237,872 means this house is valued at £3,129 per sq meter (£290 per sq foot).
The average size of a house on NEWPORT ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shamblers Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Milton Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arnold Road |