£678,221
This estimated value is based upon the latest sale price for the house of £585,000 on 5 Nov 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 |
|---|---|
| £585,000 | 5 Nov 2020 |
| £94,500 | 12 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 November 2020 the House Price Index for ISLE OF WIGHT was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £585,000 results in an estimated price of approximately £678,221.
| 5 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £585,000 | £93,221 | £678,221 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | -15.362 % | £-89,869 | £495,130 |
| 3 Month Average | 44.371 % | £259,567 | £844,567 |
| 6 Month Average | 62.659 % | £366,555 | £951,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £239,185 | £235,000 | 22 HIGH SALTERNS |
| 30 Nov 2023 | £1,827,049 | £1,800,000 | MEDLARS FAIRY ROAD |
| 21 Jul 2023 | £162,183 | £160,000 | 10 HIGH SALTERNS |
| 14 Jul 2023 | £314,229 | £310,000 | UPPER FLAT INVERGORDON FAIRY ROAD |
| 19 Apr 2023 | £894,633 | £885,000 | SANDBOURNE RYDE ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 10 Aug 2020. Using an estimated price of £678,222 means this house is valued at £4,037 per sq meter (£375 per sq foot).
The average size of a house on RYDE ROAD is 126 sq meters (1,364 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duver Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duver Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pier Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holgate Lane |