£321,494
This estimated value is based upon the latest sale price for the house of £170,000 on 11 Oct 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £170,000 | 11 Oct 2004 |
| Semi-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 October 2004 the House Price Index for ISLE OF WIGHT was 78.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 89.114%.Applying this 89.114% change to the original purchase price of £170,000 results in an estimated price of approximately £321,494.
| 11 Oct 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.0 | 89.114 % | £170,000 | £151,494 | £321,494 |
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 | 85.331 % | £145,063 | £315,063 |
| 3 Month Average | 45.297 % | £77,004 | £247,004 |
| 6 Month Average | 81.388 % | £138,360 | £308,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £263,753 | £265,000 | 42 ST CATHERINE STREET |
| 29 Jul 2022 | £214,710 | £215,000 | 8B MADEIRA ROAD |
| 16 Jun 2022 | £193,966 | £192,000 | 15 CLARENCE ROAD |
| 14 Apr 2022 | £230,769 | £225,000 | FLAT 3 BAY COURT WHEELERS BAY ROAD |
| 25 Feb 2022 | £235,004 | £225,000 | CLIFF MOUNT BEACONSFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clarence Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kings Bay Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wheelers Bay Road |