£223,930
This estimated value is based upon the latest sale price for the house of £129,950 on 31 May 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £129,950 | 31 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 May 2006 the House Price Index for ISLE OF WIGHT was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.320%.Applying this 72.320% change to the original purchase price of £129,950 results in an estimated price of approximately £223,930.
| 31 May 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.320 % | £129,950 | £93,980 | £223,930 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 55.079 % | £71,575 | £201,525 |
| 3 Month Average | 47.722 % | £62,014 | £191,964 |
| 6 Month Average | 36.951 % | £48,018 | £177,968 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 12 Jun 2020.
The average size of a house on FAIRLEE ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gordon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Howard Close |