£487,126
This estimated value is based upon the latest sale price for the house of £147,500 on 20 Aug 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £147,500 | 20 Aug 2001 |
| £89,000 | 16 Jul 1999 |
| 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 August 2001 the House Price Index for ISLE OF WIGHT was 44.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 230.255%.Applying this 230.255% change to the original purchase price of £147,500 results in an estimated price of approximately £487,126.
| 20 Aug 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.0 | 230.255 % | £147,500 | £339,626 | £487,126 |
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 | 207.898 % | £306,649 | £454,149 |
| 3 Month Average | 173.919 % | £256,530 | £404,030 |
| 6 Month Average | 243.082 % | £358,545 | £506,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £234,435 | £230,000 | 70 NEWPORT ROAD |
| 31 Aug 2023 | £221,346 | £220,000 | 1 CORNWALL ROAD |
| 9 Jan 2023 | £158,607 | £160,000 | 2 LOWTHERVILLE ROAD |
| 29 Jul 2022 | £379,487 | £380,000 | 2A LITTLETON CLOSE |
| 17 Feb 2022 | £261,115 | £250,000 | 40 LOWTHERVILLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowtherville Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowtherville Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rayners |
| Mar 2024 | Anti-social behaviour | On or near Rayners | |
| Mar 2024 | Anti-social behaviour | On or near Rayners |