£859,980
This estimated value is based upon the latest sale price for the house of £550,000 on 20 Dec 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £550,000 | 20 Dec 2007 |
| 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 December 2007 the House Price Index for ISLE OF WIGHT was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £550,000 results in an estimated price of approximately £859,980.
| 20 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £550,000 | £309,980 | £859,980 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | -73.158 % | £-402,370 | £147,629 |
| 3 Month Average | -36.570 % | £-201,132 | £348,867 |
| 6 Month Average | -21.665 % | £-119,155 | £430,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £1,067,249 | £1,048,000 | 4 HEADON REACH ALUM BAY NEW ROAD |
| 22 Jun 2023 | £892,894 | £875,000 | 1 HEADON REACH ALUM BAY NEW ROAD |
| 9 Jan 2023 | £897,398 | £895,000 | 6 HEADON REACH ALUM BAY NEW ROAD |
| 24 Oct 2022 | £872,087 | £875,000 | 5 HEADON REACH ALUM BAY NEW ROAD |
| 14 Sep 2022 | £494,670 | £495,000 | BAY TREE COTTAGE CHURCH HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Weston Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alum Bay Old Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Alum Bay Old Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Saviour'S Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near St Saviour'S Road |