£319,049
This estimated value is based upon the latest sale price for the house of £200,000 on 12 Feb 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£200,000 | 12 Feb 2014 |
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 February 2014 the House Price Index for ISLE OF WIGHT was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £200,000 results in an estimated price of approximately £319,049.
12 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £200,000 | £119,049 | £319,049 |
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 | 80.781 % | £161,562 | £361,562 |
3 Month Average | 51.487 % | £102,974 | £302,974 |
6 Month Average | 42.095 % | £84,190 | £284,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £327,213 | £320,000 | 4 MAGDALEN CRESCENT |
5 Apr 2023 | £789,772 | £775,000 | 8 DEBOURNE MANOR DRIVE |
31 Oct 2022 | £408,635 | £410,000 | 186 BARING ROAD |
23 Sep 2022 | £344,770 | £345,000 | 1 MAGDALEN CRESCENT |
24 Aug 2022 | £301,409 | £300,000 | 9 MAGDALEN CRESCENT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 28 Aug 2013. Using an estimated price of £319,049 means this house is valued at £4,198 per sq meter (£390 per sq foot).
The average size of a house on CROSSFIELD AVENUE is 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalen Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalen Crescent |
Jul 2024 | Other theft | Under investigation | On or near Debourne Close |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Debourne Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Westwood Close |