£413,905
This estimated value is based upon the latest sale price for the house of £350,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £350,000 | 11 Sep 2020 |
| £240,000 | 19 Jul 2005 |
| £100,000 | 7 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 September 2020 the House Price Index for ISLE OF WIGHT was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £350,000 results in an estimated price of approximately £413,905.
| 11 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £350,000 | £63,905 | £413,905 |
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 | 120.517 % | £421,808 | £771,808 |
| 3 Month Average | 5.659 % | £19,808 | £369,808 |
| 6 Month Average | 39.147 % | £137,015 | £487,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £384,942 | £380,000 | FLAT 7 HILLSLEA HOUSE BATH ROAD |
| 9 Aug 2023 | £130,795 | £130,000 | FLAT 6 BELGRAVE COURT BELGRAVE ROAD |
| 22 Apr 2022 | £123,846 | £120,750 | FLAT 4 SILVERMERE COURT ALMA ROAD |
| 22 Feb 2022 | £207,848 | £199,000 | FLAT 1 BELGRAVE COURT BELGRAVE ROAD |
| 14 Dec 2021 | £576,208 | £540,000 | 21 ZIG ZAG ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 31 Jan 2017. Using an estimated price of £413,906 means this house is valued at £2,999 per sq meter (£278 per sq foot).
The average size of a house on BELGRAVE ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Bellevue Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Bellevue Road |
| Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
| Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
| Jan 2024 | Anti-social behaviour | On or near Marine Parade |