£120,266
This estimated value is based upon the latest sale price for the house of £118,000 on 13 May 2022. 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 Hearn Street
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| Price Paid | Date |
|---|---|
| £118,000 | 13 May 2022 |
| £125,000 | 17 Nov 2017 |
| £170,870 | 19 Mar 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 May 2022 the House Price Index for ISLE OF WIGHT was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £118,000 results in an estimated price of approximately £120,266.
| 13 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £118,000 | £2,266 | £120,266 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 0.635 % | £748 | £118,748 |
| 3 Month Average | 3.201 % | £3,776 | £121,776 |
| 6 Month Average | -11.081 % | £-13,075 | £104,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £120,101 | £118,000 | FLAT 44 SOMERS BROOK COURT FOXES ROAD |
| 21 Aug 2023 | £124,086 | £123,000 | 42 MEDINA COURT OLD WESTMINSTER LANE |
| 9 Aug 2023 | £131,147 | £130,000 | 11 MEDINA COURT OLD WESTMINSTER LANE |
| 7 Jul 2023 | £152,046 | £150,000 | 36 HEARN STREET |
| 30 Jun 2023 | £121,471 | £120,000 | 10 MEDINA COURT OLD WESTMINSTER LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 17 Aug 2017. Using an estimated price of £120,266 means this house is valued at £2,358 per sq meter (£219 per sq foot).
The average size of a house on OLD WESTMINSTER LANE is 59 sq meters (637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hearn Street |
| Mar 2024 | Burglary | Under investigation | On or near Hearn Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Foxes Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Foxes Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxes Road |