£418,641
This estimated value is based upon the latest sale price for the house of £245,000 on 27 May 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £245,000 | 27 May 2010 |
| £230,000 | 1 Dec 2006 |
| £152,000 | 16 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 755 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 May 2010 the House Price Index for ISLE OF WIGHT was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £245,000 results in an estimated price of approximately £418,641.
| 27 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £245,000 | £173,641 | £418,641 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 100.848 % | £247,077 | £492,077 |
| 3 Month Average | 57.586 % | £141,086 | £386,086 |
| 6 Month Average | 42.341 % | £103,734 | £348,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £650,000 | £650,000 | 11 CASTLE ROAD |
| 12 Sep 2023 | £94,074 | £92,000 | THE MARINE GALLERY TUDOR BUILDINGS BATH ROAD |
| 18 Aug 2023 | £318,240 | £312,500 | 11 CROWN COURT MARKET HILL |
| 30 Nov 2022 | £308,557 | £310,000 | 16 CROWN COURT MARKET HILL |
| 25 Jul 2022 | £439,403 | £435,000 | 17 SUN HILL |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 16 Jul 2009. Using an estimated price of £418,641 means this house is valued at £5,963 per sq meter (£554 per sq foot).
The average size of a house on MARKET HILL is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Market Hill |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Market Hill |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Market Hill |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sun Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bars Hill |