£210,483
This estimated value is based upon the latest sale price for the house of £205,000 on 23 May 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 |
|---|---|
| £205,000 | 23 May 2022 |
| £67,500 | 27 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2022 the House Price Index for ISLE OF WIGHT was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £205,000 results in an estimated price of approximately £210,483.
| 23 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £205,000 | £5,483 | £210,483 |
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 | -38.837 % | £-79,615 | £125,384 |
| 3 Month Average | -19.185 % | £-39,328 | £165,671 |
| 6 Month Average | 5.366 % | £11,000 | £216,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £147,533 | £143,000 | APARTMENT 1 BEATRICE COURT, 16 HOPE ROAD |
| 10 Aug 2023 | £254,541 | £249,950 | FLAT 7 SAMANTHA COURT, 14 CRESCENT ROAD |
| 14 Apr 2023 | £254,765 | £250,000 | FLAT 6 CRESCENT COURT EAST MOUNT ROAD |
| 24 Mar 2023 | £75,511 | £74,250 | APARTMENT 15 BEATRICE COURT, 16 HOPE ROAD |
| 18 Feb 2023 | £120,807 | £120,000 | APARTMENT 3 BEATRICE COURT, 16 HOPE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Jul 2021. Using an estimated price of £210,484 means this house is valued at £3,050 per sq meter (£283 per sq foot).
The average size of a house on CRESCENT ROAD is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Crescent Road |
| Aug 2024 | Possession of weapons | Offender given a caution | On or near East Mount Road |
| Aug 2024 | Criminal damage and arson | Local resolution | On or near East Mount Road |
| Aug 2024 | Public order | Under investigation | On or near Parking Area |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |