£121,478
This estimated value is based upon the latest sale price for the house of £100,000 on 3 Jan 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 |
|---|---|
| £100,000 | 3 Jan 2020 |
| £120,000 | 17 Aug 2004 |
| £60,000 | 18 Feb 2002 |
| £35,500 | 26 Aug 1998 |
| £28,500 | 25 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 January 2020 the House Price Index for ISLE OF WIGHT was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £100,000 results in an estimated price of approximately £121,478.
| 3 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £100,000 | £21,478 | £121,478 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | 65.776 % | £65,776 | £165,776 |
| 3 Month Average | 12.069 % | £12,069 | £112,069 |
| 6 Month Average | 10.745 % | £10,745 | £110,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £310,000 | £310,000 | SUNNYDALE WESTLANDS |
| 3 Apr 2024 | £192,500 | £192,500 | 12 MARTINE CLOSE |
| 31 Jul 2023 | £212,005 | £210,000 | 21 MARTINE CLOSE |
| 9 Feb 2023 | £452,858 | £455,000 | ALTAIR COLWELL CHINE ROAD |
| 3 Feb 2023 | £348,352 | £350,000 | 18 MARTINE CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 28 Sep 2017. Using an estimated price of £121,479 means this house is valued at £1,278 per sq meter (£118 per sq foot).
The average size of a house on COLWELL ROAD is 142 sq meters (1,532 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Park/Open Space |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martine Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martine Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Martine Close |