£217,982
This estimated value is based upon the latest sale price for the house of £180,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£180,000 | 5 Jun 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 June 2020 the House Price Index for ISLE OF WIGHT was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £180,000 results in an estimated price of approximately £217,982.
5 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £180,000 | £37,982 | £217,982 |
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 | 47.011 % | £84,619 | £264,619 |
3 Month Average | 38.590 % | £69,461 | £249,461 |
6 Month Average | 48.346 % | £87,023 | £267,023 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £278,562 | £275,000 | 3 BLENDWORTH TERRACE |
12 Apr 2023 | £159,720 | £158,000 | 12 VENTNOR VILLAS |
17 Feb 2023 | £264,822 | £265,000 | 42 ST CATHERINE STREET |
4 Jul 2022 | £190,513 | £190,000 | 5 VENTNOR HOLIDAY VILLAS |
16 Jun 2022 | £194,752 | £192,000 | 15 CLARENCE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Jan 2020. Using an estimated price of £217,983 means this house is valued at £3,253 per sq meter (£302 per sq foot).
There is one other house on the street which we know the size of, this is FLAT 2 BAY HOUSE WHEELERS BAY ROAD it is 56.0
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Beaconsfield Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wheelers Bay Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Clarence Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |