£268,270
This estimated value is based upon the latest sale price for the house of £218,890 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £218,890 | 2 Aug 2019 |
| 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 August 2019 the House Price Index for ISLE OF WIGHT was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £218,890 results in an estimated price of approximately £268,270.
| 2 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £218,890 | £49,380 | £268,270 |
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 | 5.415 % | £11,853 | £230,743 |
| 3 Month Average | 28.158 % | £61,634 | £280,524 |
| 6 Month Average | 16.278 % | £35,630 | £254,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £296,000 | £295,000 | 14 BROADFIELDS AVENUE |
| 10 Nov 2023 | £324,162 | £320,000 | 37 BROADFIELDS AVENUE |
| 7 Aug 2023 | £437,661 | £435,000 | SPENCERS MEAD THREE GATES ROAD |
| 10 Mar 2023 | £221,196 | £220,000 | 2 PLACE SIDE |
| 1 Feb 2023 | £288,635 | £290,000 | 33 HIGHFIELD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Feb 2019. Using an estimated price of £268,271 means this house is valued at £3,529 per sq meter (£327 per sq foot).
The average size of a house on PLACE ROAD is 124 sq meters (1,339 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rogerson Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Rogerson Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Place Road |
| Jan 2024 | Anti-social behaviour | On or near Highfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Highfield Road |