£463,329
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Oct 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 26 Oct 2004 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 October 2004 the House Price Index for ISLE OF WIGHT was 78.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 89.114%.Applying this 89.114% change to the original purchase price of £245,000 results in an estimated price of approximately £463,329.
| 26 Oct 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.0 | 89.114 % | £245,000 | £218,329 | £463,329 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 85.331 % | £209,062 | £454,062 |
| 3 Month Average | 45.297 % | £110,976 | £355,976 |
| 6 Month Average | 81.388 % | £199,401 | £444,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £487,101 | £495,000 | PONDA ROSA UNDERCLIFF DRIVE |
| 5 May 2022 | £649,657 | £640,000 | HUNTERS WAY HUNTS ROAD |
| 18 Mar 2022 | £567,643 | £550,000 | BONNIFACE OLD PARK ROAD |
| 17 Dec 2021 | £346,792 | £325,000 | THE MOORINGS SEVEN SISTERS ROAD |
| 19 Nov 2021 | £409,316 | £380,000 | WILLOW BANK UNDERCLIFF DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 16 Jun 2012. Using an estimated price of £463,330 means this house is valued at £3,648 per sq meter (£338 per sq foot).
The average size of a house on UNDERCLIFF DRIVE is 122 sq meters (1,317 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hunts Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Seven Sisters Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Spindlers Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Undercliff Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |