£527,167
This estimated value is based upon the latest sale price for the house of £355,000 on 30 Mar 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£355,000 | 30 Mar 2015 |
£75,000 | 12 Mar 2003 |
Terraced |
Freehold |
Floor Area: 137 sq meters or 1,474 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 March 2015 the House Price Index for ISLE OF WIGHT was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £355,000 results in an estimated price of approximately £527,167.
30 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £355,000 | £172,167 | £527,167 |
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 | 17.574 % | £62,388 | £417,388 |
3 Month Average | 64.927 % | £230,489 | £585,489 |
6 Month Average | 64.668 % | £229,570 | £584,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £243,019 | £237,500 | 4 YELFS COTTAGES SPINDLERS ROAD |
14 Sep 2023 | £479,572 | £469,000 | ROCKSETT UNDERCLIFF DRIVE |
31 Mar 2023 | £223,736 | £220,000 | 2 YELFS COTTAGES SPINDLERS ROAD |
1 Feb 2023 | £322,152 | £320,000 | 1 ROCKMOUNT COTTAGES UNDERCLIFF DRIVE |
16 Nov 2022 | £492,696 | £495,000 | PONDA ROSA UNDERCLIFF DRIVE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 6 Jun 2014. Using an estimated price of £527,168 means this house is valued at £3,847 per sq meter (£357 per sq foot).
The average size of a house on UNDERCLIFF DRIVE is 122 sq meters (1,317 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Spindlers Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Seven Sisters Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Seven Sisters Close |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Seven Sisters Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hunts Road |