£247,889
This estimated value is based upon the latest sale price for the house of £135,000 on 30 Jul 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £135,000 | 30 Jul 2009 |
| £135,000 | 27 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 521 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 July 2009 the House Price Index for ISLE OF WIGHT was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £135,000 results in an estimated price of approximately £247,889.
| 30 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £135,000 | £112,889 | £247,889 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | -14.960 % | £-20,196 | £114,803 |
| 3 Month Average | 40.991 % | £55,337 | £190,337 |
| 6 Month Average | 66.994 % | £90,442 | £225,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £389,897 | £380,000 | FLAT 7 HILLSLEA HOUSE BATH ROAD |
| 22 Aug 2023 | £330,969 | £325,000 | 2 BEAUMONT RISE, 22 ZIG ZAG ROAD |
| 9 Aug 2023 | £132,388 | £130,000 | FLAT 6 BELGRAVE COURT BELGRAVE ROAD |
| 29 Nov 2022 | £278,697 | £280,000 | 11 ZIG ZAG ROAD |
| 21 Nov 2022 | £223,953 | £225,000 | FLAT 3 BELGRAVE VIEW ZIG ZAG ROAD |
This house has a floor area of 48 sq meters or 521 sq feet when measured on 17 Jun 2009. Using an estimated price of £247,890 means this house is valued at £5,116 per sq meter (£475 per sq foot).
The average size of a house on BATH ROAD is 84 sq meters (913 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (521 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Bath Road | |
| Sep 2024 | Anti-social behaviour | On or near Bath Road | |
| Oct 2024 | Burglary | Under investigation | On or near Alma Road |
| Oct 2024 | Burglary | Under investigation | On or near Alma Road |
| Oct 2024 | Anti-social behaviour | On or near Park Avenue |