£511,042
This estimated value is based upon the latest sale price for the house of £302,500 on 10 Nov 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 |
---|---|
£302,500 | 10 Nov 2006 |
£165,000 | 6 Apr 2001 |
£75,000 | 27 Aug 1999 |
Detached |
Freehold |
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 2006 the House Price Index for ISLE OF WIGHT was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £302,500 results in an estimated price of approximately £511,042.
10 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.940 % | £302,500 | £208,542 | £511,042 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | -1.142 % | £-3,455 | £299,044 |
3 Month Average | 25.432 % | £76,932 | £379,432 |
6 Month Average | 56.225 % | £170,081 | £472,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £385,793 | £376,000 | 19 WOODLAND GROVE |
28 Aug 2022 | £542,537 | £540,000 | ELSTED HEATHFIELD ROAD |
5 Jul 2022 | £10,101 | £10,000 | 62 STEYNE ROAD |
12 May 2022 | £513,374 | £500,000 | 58 STEYNE ROAD |
18 Mar 2022 | £809,048 | £775,000 | 61 STEYNE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heathfield Road |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Pelham Close |
Jun 2024 | Drugs | Offender given a caution | On or near Manna Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |