£494,009
This estimated value is based upon the latest sale price for the house of £330,000 on 6 Jan 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £330,000 | 6 Jan 2015 |
| £250,000 | 2 Nov 2010 |
| £275,000 | 5 Jan 2009 |
| £235,000 | 15 Nov 2007 |
| £160,000 | 7 Mar 2005 |
| 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 January 2015 the House Price Index for ISLE OF WIGHT was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £330,000 results in an estimated price of approximately £494,009.
| 6 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £330,000 | £164,009 | £494,009 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | -37.543 % | £-123,892 | £206,107 |
| 3 Month Average | -5.690 % | £-18,776 | £311,223 |
| 6 Month Average | -9.589 % | £-31,642 | £298,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £383,898 | £378,000 | LYNDALE CRANMORE AVENUE |
| 1 Mar 2024 | £629,674 | £620,000 | WOODBURY NINGWOOD HILL |
| 28 Nov 2023 | £403,749 | £393,500 | REDROOFS SOLENT ROAD |
| 17 Nov 2023 | £820,836 | £800,000 | SAANEN SOLENT ROAD |
| 9 Nov 2023 | £692,581 | £675,000 | QUINCES CRANMORE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamstead Drive |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Coopers Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coopers Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Blacksmiths Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Blacksmiths Lane |