£126,786
This estimated value is based upon the latest sale price for the house of £124,500 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £124,500 | 31 Aug 2023 |
| £91,500 | 15 Oct 2020 |
| £85,000 | 26 Jul 2006 |
| £89,950 | 29 Mar 2006 |
| £44,000 | 20 Apr 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 August 2023 the House Price Index for ISLE OF WIGHT was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £124,500 results in an estimated price of approximately £126,786.
| 31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £124,500 | £2,286 | £126,786 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | 6.727 % | £8,374 | £132,874 |
| 3 Month Average | 1.358 % | £1,691 | £126,191 |
| 6 Month Average | 10.663 % | £13,275 | £137,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £288,877 | £280,000 | 48 YARBOROUGH ROAD |
| 31 Aug 2023 | £126,787 | £124,500 | FLAT 7 CLARENCE HOUSE, 131 CLARENCE ROAD |
| 14 Oct 2022 | £164,451 | £165,000 | 95 CLARENCE ROAD |
| 31 May 2022 | £210,484 | £205,000 | 110A CLARENCE ROAD |
| 11 Feb 2022 | £276,792 | £262,000 | 46 YARBOROUGH ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 3 Mar 2020. Using an estimated price of £126,787 means this house is valued at £3,962 per sq meter (£368 per sq foot).
The average size of a house on CLARENCE ROAD is 76 sq meters (824 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Yarborough Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Adelaide Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clarence Road |