£159,913
This estimated value is based upon the latest sale price for the house of £155,000 on 14 Dec 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £155,000 | 14 Dec 2023 |
| £118,000 | 15 Oct 2014 |
| £49,000 | 20 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 December 2023 the House Price Index for ISLE OF WIGHT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £155,000 results in an estimated price of approximately £159,913.
| 14 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £155,000 | £4,913 | £159,913 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 34.232 % | £53,060 | £208,060 |
| 3 Month Average | -0.203 % | £-315 | £154,684 |
| 6 Month Average | -10.464 % | £-16,219 | £138,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £150,500 | £150,500 | FLAT 40 BRIARY COURT EGYPT ESPLANADE |
| 14 Dec 2023 | £159,914 | £155,000 | FLAT 53 BRIARY COURT EGYPT ESPLANADE |
| 9 Nov 2023 | £105,170 | £102,500 | FLAT 24 BRIARY COURT EGYPT ESPLANADE |
| 25 Sep 2023 | £168,719 | £165,000 | FLAT 19 BRIARY COURT EGYPT ESPLANADE |
| 23 Jun 2023 | £551,043 | £540,000 | 17 PINE TREE CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 18 Oct 2021. Using an estimated price of £159,914 means this house is valued at £2,665 per sq meter (£247 per sq foot).
The average size of a house on EGYPT ESPLANADE is 56 sq meters (604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Formal action is not in the public interest | On or near Egypt Copse |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Egypt Copse |
| Apr 2024 | Anti-social behaviour | On or near Baring Road | |
| Apr 2024 | Anti-social behaviour | On or near Baring Road | |
| Apr 2024 | Anti-social behaviour | On or near Baring Road |