£550,732
This estimated value is based upon the latest sale price for the house of £395,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £395,000 | 18 Dec 2015 |
| Semi-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 2015 the House Price Index for ISLE OF WIGHT was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £395,000 results in an estimated price of approximately £550,732.
| 18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £395,000 | £155,732 | £550,732 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | 26.791 % | £105,822 | £500,822 |
| 3 Month Average | 12.147 % | £47,980 | £442,980 |
| 6 Month Average | 53.259 % | £210,373 | £605,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £242,450 | £235,000 | 22 HIGH SALTERNS |
| 30 Nov 2023 | £1,846,881 | £1,800,000 | MEDLARS FAIRY ROAD |
| 3 Nov 2023 | £194,949 | £190,000 | FLAT 5 PLAS-YN-DRE RYDE ROAD |
| 19 Apr 2023 | £901,869 | £885,000 | SANDBOURNE RYDE ROAD |
| 31 Oct 2022 | £2,890,346 | £2,900,000 | FAIRYLEE BLUETT AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Saltern'S Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bluett Avenue |
| Aug 2024 | Vehicle crime | Under investigation | On or near Seafield Road |
| Aug 2024 | Anti-social behaviour | On or near Old Seaview Lane | |
| Aug 2024 | Anti-social behaviour | On or near Old Seaview Lane |