£389,247
This estimated value is based upon the latest sale price for the house of £260,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£260,000 | 2 Oct 2014 |
£210,000 | 17 Feb 2012 |
£57,000 | 25 Nov 1996 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 685 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 October 2014 the House Price Index for ISLE OF WIGHT was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £260,000 results in an estimated price of approximately £389,247.
2 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £260,000 | £129,247 | £389,247 |
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 | 45.633 % | £118,646 | £378,646 |
3 Month Average | 7.109 % | £18,483 | £278,483 |
6 Month Average | 2.337 % | £6,075 | £266,075 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £508,448 | £504,000 | KENT VILLA OMMANNEY ROAD |
22 Jul 2022 | £360,972 | £360,000 | PETAS COTTAGE ALMA PLACE |
29 Oct 2021 | £340,242 | £307,500 | CASITA OMMANNEY ROAD |
1 Oct 2021 | £298,749 | £270,000 | 1 THE ANCHORAGE SOUTH STREET |
23 Aug 2021 | £178,499 | £160,000 | FIRST FLOOR FLAT RIVER LEE TENNYSON ROAD |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 11 Jan 2012. Using an estimated price of £389,248 means this house is valued at £6,109 per sq meter (£567 per sq foot).
The average size of a house on SOUTH STREET is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ommanney Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ommanney Road |
Mar 2024 | Public order | Under investigation | On or near St James' Street |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mill Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |