£492,894
This estimated value is based upon the latest sale price for the house of £375,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 5 Aug 2016 |
| £230,000 | 9 Aug 2002 |
| £144,000 | 6 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £375,000 results in an estimated price of approximately £492,894.
| 5 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £375,000 | £117,894 | £492,894 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 2.988 % | £11,206 | £386,206 |
| 3 Month Average | 33.141 % | £124,278 | £499,278 |
| 6 Month Average | 37.109 % | £139,160 | £514,160 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 18 Feb 2016.
There is one other house on the street which we know the size of, this is RESERVOIR VILLA OLD RESERVOIR LANE it is 96.5
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Mall |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brownlow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A3055 |
| Feb 2024 | Anti-social behaviour | On or near Grange Road | |
| Feb 2024 | Anti-social behaviour | On or near Grange Road |