£593,619
This estimated value is based upon the latest sale price for the house of £550,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £550,000 | 10 Dec 2021 |
| £248,000 | 15 Jan 2020 |
| £330,000 | 5 Sep 2007 |
| £84,000 | 27 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 December 2021 the House Price Index for ISLE OF WIGHT was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £550,000 results in an estimated price of approximately £593,619.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £550,000 | £43,619 | £593,619 |
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 | -48.571 % | £-267,138 | £282,861 |
| 3 Month Average | 18.050 % | £99,277 | £649,277 |
| 6 Month Average | 53.189 % | £292,541 | £842,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £360,000 | £360,000 | 88 TRINITY ROAD |
| 28 Mar 2024 | £614,440 | £605,000 | MONTECELLO MAPLES DRIVE |
| 30 Nov 2023 | £1,064,009 | £1,037,000 | BROOKSIDE BONCHURCH VILLAGE ROAD |
| 20 Oct 2023 | £716,268 | £700,000 | BEECHCLIFF MAPLES DRIVE |
| 18 Aug 2023 | £356,429 | £350,000 | FLAT 7 LITTLE MAPLES MAPLES DRIVE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 12 Dec 2019. Using an estimated price of £593,619 means this house is valued at £3,829 per sq meter (£355 per sq foot).
The average size of a house on MAPLES DRIVE is 146 sq meters (1,581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Maples Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trinity Road |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Spring Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Gardens |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Spring Gardens |