£189,544
This estimated value is based upon the latest sale price for the house of £105,000 on 24 Nov 2005. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £105,000 | 24 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 November 2005 the House Price Index for ISLE OF WIGHT was 82.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 80.518%.Applying this 80.518% change to the original purchase price of £105,000 results in an estimated price of approximately £189,544.
| 24 Nov 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.0 | 80.518 % | £105,000 | £84,544 | £189,544 |
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 | 64.054 % | £67,256 | £172,256 |
| 3 Month Average | 46.702 % | £49,036 | £154,036 |
| 6 Month Average | 85.902 % | £90,197 | £195,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £141,821 | £140,000 | FLAT 1 JELLICOE HOUSE, 52 HIGH STREET |
| 4 Apr 2023 | £141,048 | £140,000 | 35 ALBERT STREET |
| 17 Mar 2023 | £211,141 | £210,000 | 32 ALBERT STREET |
| 14 Apr 2022 | £166,154 | £162,000 | 5A MARKET STREET |
| 8 Apr 2022 | £171,282 | £167,000 | 68A HIGH STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 14 May 2019. Using an estimated price of £189,544 means this house is valued at £3,716 per sq meter (£345 per sq foot).
The average size of a house on MARKET STREET is 53 sq meters (580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Market Street |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Possession of weapons | Under investigation | On or near Parking Area |