£126,715
This estimated value is based upon the latest sale price for the house of £101,500 on 11 Jul 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 |
---|---|
£101,500 | 11 Jul 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 509 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 July 2018 the House Price Index for ISLE OF WIGHT was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £101,500 results in an estimated price of approximately £126,715.
11 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £101,500 | £25,215 | £126,715 |
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 | -24.139 % | £-24,501 | £76,998 |
3 Month Average | 29.141 % | £29,577 | £131,077 |
6 Month Average | 36.151 % | £36,693 | £138,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £143,646 | £140,000 | FLAT 1 JELLICOE HOUSE, 52 HIGH STREET |
6 Sep 2023 | £281,199 | £275,000 | CENTRAL HOTEL, 64 HIGH STREET |
17 Mar 2023 | £213,567 | £210,000 | 32 ALBERT STREET |
12 Aug 2022 | £231,081 | £230,000 | 2 ALBERT STREET |
29 Jul 2022 | £256,571 | £254,000 | 44 ALBERT STREET |
This house has a floor area of 47 sq meters or 509 sq feet when measured on 31 Oct 2008. Using an estimated price of £126,716 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on POUND LANE is 57 sq meters (618 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Parking Area |
Sep 2024 | Anti-social behaviour | On or near Parking Area | |
Sep 2024 | Anti-social behaviour | On or near Parking Area | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Aug 2024 | Anti-social behaviour | On or near Parking Area |