£568,100
This estimated value is based upon the latest sale price for the house of £450,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £450,000 | 16 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 March 2018 the House Price Index for ISLE OF WIGHT was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £450,000 results in an estimated price of approximately £568,100.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £450,000 | £118,100 | £568,100 |
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 | 29.930 % | £134,686 | £584,686 |
| 3 Month Average | 30.308 % | £136,384 | £586,384 |
| 6 Month Average | 24.567 % | £110,552 | £560,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £411,320 | £405,000 | 1 GURNARD HEIGHTS |
| 20 Dec 2023 | £541,644 | £525,000 | 44 WOODVALE ROAD |
| 25 Oct 2023 | £450,226 | £440,000 | 19 SHORE ROAD |
| 10 Feb 2023 | £976,523 | £970,000 | EBISU SOLENT SHORES |
| 18 Nov 2022 | £238,883 | £240,000 | PRIMROSE COTTAGES, 16 PRINCES ESPLANADE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Nov 2014. Using an estimated price of £568,101 means this house is valued at £7,101 per sq meter (£659 per sq foot).
The average size of a house on SOLENT SHORES is 138 sq meters (1,491 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Brambles Lane |
| Jul 2024 | Public order | Under investigation | On or near Cow Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cow Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cow Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cow Lane |