£827,236
This estimated value is based upon the latest sale price for the house of £700,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £700,000 | 23 Oct 2020 |
| £582,500 | 5 May 2016 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 October 2020 the House Price Index for ISLE OF WIGHT was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £700,000 results in an estimated price of approximately £827,236.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £700,000 | £127,236 | £827,236 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | -52.242 % | £-365,693 | £334,306 |
| 3 Month Average | -24.987 % | £-174,910 | £525,089 |
| 6 Month Average | 4.813 % | £33,691 | £733,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £443,632 | £430,000 | 82A FORELAND ROAD |
| 2 Nov 2023 | £574,585 | £560,000 | 7 ST LUKES DRIVE |
| 4 Aug 2023 | £712,857 | £700,000 | CEDAR COTTAGE SWAINS ROAD |
| 1 Aug 2023 | £891,071 | £875,000 | SAN BERNARDINO SWAINS ROAD |
| 24 Feb 2023 | £563,766 | £560,000 | 11 ST LUKES DRIVE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 3 Mar 2016. Using an estimated price of £827,237 means this house is valued at £6,173 per sq meter (£573 per sq foot).
The average size of a house on SWAINS ROAD is 191 sq meters (2,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Lukes Drive |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Lukes Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dennett Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |
| Jun 2024 | Drugs | Offender given a caution | On or near Manna Road |