£641,278
This estimated value is based upon the latest sale price for the house of £625,000 on 14 Nov 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £625,000 | 14 Nov 2023 |
| £392,500 | 30 Nov 2011 |
| Detached |
| Freehold |
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 November 2023 the House Price Index for ISLE OF WIGHT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £625,000 results in an estimated price of approximately £641,278.
| 14 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £625,000 | £16,278 | £641,278 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 30.776 % | £192,347 | £817,347 |
| 3 Month Average | 26.821 % | £167,630 | £792,630 |
| 6 Month Average | 5.516 % | £34,475 | £659,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £641,278 | £625,000 | APRIL COTTAGE, 8 THE ORCHARD |
| 30 Oct 2023 | £306,972 | £300,000 | 21 WILBERFORCE ROAD |
| 21 Aug 2023 | £527,514 | £518,000 | 1 THE MILL MILL LANE |
| 8 Aug 2023 | £336,061 | £330,000 | 37 WILBERFORCE ROAD |
| 31 Mar 2023 | £350,859 | £345,000 | 2 PIPPINS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Meadows Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hollis Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hollis Drive |