£503,094
This estimated value is based upon the latest sale price for the house of £300,000 on 23 Nov 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £300,000 | 23 Nov 2006 |
| £132,500 | 20 Oct 2000 |
| 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 November 2006 the House Price Index for ISLE OF WIGHT was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £300,000 results in an estimated price of approximately £503,094.
| 23 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £300,000 | £203,094 | £503,094 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | 74.159 % | £222,477 | £522,477 |
| 3 Month Average | 19.276 % | £57,828 | £357,828 |
| 6 Month Average | 5.946 % | £17,839 | £317,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £232,979 | £230,000 | TATTELS COTTAGE TATTELS LANE |
| 19 Jan 2023 | £472,773 | £475,000 | WELLOW POST OFFICE WELLOW TOP ROAD |
| 27 Oct 2022 | £529,301 | £535,000 | SCHOOL HOUSE TATTELS LANE |
| 4 Oct 2022 | £613,395 | £620,000 | NEW HOUSE COTTAGE MAIN ROAD |
| 6 Jun 2022 | £1,369,352 | £1,350,000 | WOOD END MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blacksmiths Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmfield Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road East |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Alexandra Road East |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |