£1,846,881
This estimated value is based upon the latest sale price for the house of £1,800,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £1,800,000 | 30 Nov 2023 |
| £800,000 | 26 Feb 2010 |
| £135,000 | 4 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 375 sq meters or 4,046 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 November 2023 the House Price Index for ISLE OF WIGHT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £1,800,000 results in an estimated price of approximately £1,846,881.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £1,800,000 | £46,881 | £1,846,881 |
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 | -34.946 % | £-629,029 | £1,170,970 |
| 3 Month Average | -46.297 % | £-833,343 | £966,656 |
| 6 Month Average | -8.130 % | £-146,332 | £1,653,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 5 Sep 2022 | £349,766 | £350,000 | FLAT 1 ASTRA HOUSE RYDE ROAD |
This house has a floor area of 375 sq meters or 4,046 sq feet when measured on 17 Oct 2008. Using an estimated price of £1,846,881 means this house is valued at £4,912 per sq meter (£456 per sq foot).
The average size of a house on FAIRY ROAD is 146 sq meters (1,579 sq feet).
This house is the largest in the street with a floor area of 375 sq meters (4,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bluett Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Saltern'S Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Seafield Road |
| Jul 2024 | Other theft | Under investigation | On or near Rope Walk |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Esplanade |