£223,795
This estimated value is based upon the latest sale price for the house of £140,000 on 3 Dec 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £140,000 | 3 Dec 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2013 the House Price Index for ISLE OF WIGHT was 92.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.854%.Applying this 59.854% change to the original purchase price of £140,000 results in an estimated price of approximately £223,795.
| 3 Dec 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.0 | 59.854 % | £140,000 | £83,795 | £223,795 |
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 | 35.123 % | £49,171 | £189,171 |
| 3 Month Average | 33.372 % | £46,720 | £186,720 |
| 6 Month Average | 65.609 % | £91,851 | £231,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £1,259,360 | £1,250,000 | ST LAWRENCE DENE UNDERCLIFF DRIVE |
| 31 Mar 2023 | £221,196 | £220,000 | 2 YELFS COTTAGES SPINDLERS ROAD |
| 1 Feb 2023 | £318,494 | £320,000 | 1 ROCKMOUNT COTTAGES UNDERCLIFF DRIVE |
| 18 Mar 2022 | £567,643 | £550,000 | BONNIFACE OLD PARK ROAD |
| 22 Feb 2022 | £186,958 | £179,000 | FLAT 1 CARFAX UNDERCLIFF DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Aug 2013. Using an estimated price of £223,795 means this house is valued at £3,609 per sq meter (£335 per sq foot).
The average size of a house on UNDERCLIFF DRIVE is 122 sq meters (1,317 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Spindlers Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Seven Sisters Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hunts Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Undercliff Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |