£223,952
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Nov 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 21 Nov 2022 |
| £195,000 | 27 Feb 2020 |
| £139,950 | 31 Oct 2003 |
| £65,000 | 8 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
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 2022 the House Price Index for ISLE OF WIGHT was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £225,000 results in an estimated price of approximately £223,952.
| 21 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £225,000 | £-1,047 | £223,952 |
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 | -40.951 % | £-92,140 | £132,859 |
| 3 Month Average | -3.626 % | £-8,159 | £216,840 |
| 6 Month Average | -3.500 % | £-7,876 | £217,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £330,969 | £325,000 | 2 BEAUMONT RISE, 22 ZIG ZAG ROAD |
| 9 Aug 2023 | £132,388 | £130,000 | FLAT 6 BELGRAVE COURT BELGRAVE ROAD |
| 29 Nov 2022 | £278,697 | £280,000 | 11 ZIG ZAG ROAD |
| 21 Nov 2022 | £223,953 | £225,000 | FLAT 3 BELGRAVE VIEW ZIG ZAG ROAD |
| 2 Sep 2022 | £635,575 | £636,000 | 32 ZIG ZAG ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Bath Road | |
| Sep 2024 | Anti-social behaviour | On or near Bath Road | |
| Oct 2024 | Burglary | Under investigation | On or near Alma Road |
| Oct 2024 | Burglary | Under investigation | On or near Alma Road |
| Aug 2024 | Drugs | Local resolution | On or near Steephill Down Road |