£251,282
This estimated value is based upon the latest sale price for the house of £245,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£245,000 | 29 Apr 2022 |
£77,500 | 16 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 April 2022 the House Price Index for ISLE OF WIGHT was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £245,000 results in an estimated price of approximately £251,282.
29 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.0 | 2.564 % | £245,000 | £6,282 | £251,282 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | 18.651 % | £45,695 | £290,695 |
3 Month Average | -42.950 % | £-105,226 | £139,773 |
6 Month Average | -18.994 % | £-46,534 | £198,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £145,758 | £143,000 | APARTMENT 1 BEATRICE COURT, 16 HOPE ROAD |
10 Aug 2023 | £251,479 | £249,950 | FLAT 7 SAMANTHA COURT, 14 CRESCENT ROAD |
14 Apr 2023 | £251,872 | £250,000 | FLAT 6 CRESCENT COURT EAST MOUNT ROAD |
24 Mar 2023 | £74,654 | £74,250 | APARTMENT 15 BEATRICE COURT, 16 HOPE ROAD |
18 Feb 2023 | £119,435 | £120,000 | APARTMENT 3 BEATRICE COURT, 16 HOPE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Sep 2021. Using an estimated price of £251,282 means this house is valued at £2,701 per sq meter (£251 per sq foot).
The average size of a house on EAST MOUNT ROAD is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Mount Road |
Apr 2024 | Burglary | Under investigation | On or near Crescent Road |
Mar 2024 | Public order | Under investigation | On or near Crescent Road |
Mar 2024 | Burglary | Awaiting court outcome | On or near Crescent Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Crescent Road |