£694,764
This estimated value is based upon the latest sale price for the house of £640,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Esplanade
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Price Paid | Date |
---|---|
£640,000 | 30 Sep 2021 |
£420,000 | 28 Jul 2017 |
£450,000 | 13 Oct 2011 |
£145,000 | 7 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 83 sq meters or 893 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 September 2021 the House Price Index for ISLE OF WIGHT was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £640,000 results in an estimated price of approximately £694,764.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £640,000 | £54,764 | £694,764 |
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 | 11.146 % | £71,332 | £711,332 |
3 Month Average | 9.863 % | £63,124 | £703,124 |
6 Month Average | 17.395 % | £111,325 | £751,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £1,027,746 | £1,025,000 | 3 BARING DRIVE |
24 Oct 2022 | £1,046,505 | £1,050,000 | HOME WATERS TRINITY CHURCH LANE |
2 Feb 2022 | £792,343 | £750,000 | 49C QUEENS ROAD |
28 Jan 2022 | £360,467 | £340,000 | APARTMENT 2 WESTPOINT, 99 BARING ROAD |
13 Dec 2021 | £1,168,220 | £1,082,379 | FLAT 8 VANTAGE POINT, 4A QUEENS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Jul 2021. Using an estimated price of £694,764 means this house is valued at £8,370 per sq meter (£777 per sq foot).
The average size of a house on QUEENS ROAD is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Esplanade |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Esplanade |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Esplanade |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Esplanade |
Apr 2024 | Anti-social behaviour | On or near Esplanade |