£477,089
This estimated value is based upon the latest sale price for the house of £450,000 on 17 Jan 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 Hooke Hill
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| Price Paid | Date |
|---|---|
| £450,000 | 17 Jan 2022 |
| £290,000 | 27 Aug 2009 |
| £158,000 | 26 Jul 2000 |
| £130,000 | 24 Sep 1999 |
| £85,000 | 10 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 January 2022 the House Price Index for ISLE OF WIGHT was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £450,000 results in an estimated price of approximately £477,089.
| 17 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £450,000 | £27,089 | £477,089 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 170.652 % | £767,935 | £1,217,935 |
| 3 Month Average | 38.114 % | £171,511 | £621,511 |
| 6 Month Average | 12.316 % | £55,424 | £505,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £174,176 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
| 28 Sep 2023 | £112,480 | £110,000 | 7B ORCHARD CLOSE |
| 22 Sep 2023 | £112,480 | £110,000 | 7 WOODLAND COURT ORCHARD CLOSE |
| 12 Oct 2022 | £371,260 | £372,500 | GREEN HAILEY HOOKE HILL |
| 24 Jun 2022 | £168,604 | £165,000 | FLAT 4 2A ORCHARD CLOSE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 21 Oct 2021. Using an estimated price of £477,089 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on HOOKE HILL is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Hooke Hill |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Anti-social behaviour | On or near Petrol Station | |
| Aug 2024 | Anti-social behaviour | On or near Petrol Station |