£18,431
This estimated value is based upon the latest sale price for the house of £15,000 on 31 Jan 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 |
|---|---|
| £15,000 | 31 Jan 2020 |
| Leasehold |
| Floor Area: 155 sq meters or 1,668 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 2020 the House Price Index for ISLE OF WIGHT was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £15,000 results in an estimated price of approximately £18,431.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £15,000 | £3,431 | £18,431 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 2.641 % | £396 | £15,396 |
| 3 Month Average | 47.777 % | £7,166 | £22,166 |
| 6 Month Average | 36.161 % | £5,424 | £20,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £343,725 | £335,000 | HIGH BANK HUNTS ROAD |
| 2 Oct 2023 | £2,302,290 | £2,250,000 | THE BUNKER OLD PARK ROAD |
| 14 Sep 2023 | £479,572 | £469,000 | ROCKSETT UNDERCLIFF DRIVE |
| 16 Nov 2022 | £492,696 | £495,000 | PONDA ROSA UNDERCLIFF DRIVE |
| 5 May 2022 | £657,119 | £640,000 | HUNTERS WAY HUNTS ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 13 Jan 2020. Using an estimated price of £18,431 means this house is valued at £118 per sq meter (£11 per sq foot).
The average size of a house on OLD PARK ROAD is 152 sq meters (1,638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hunts Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hunts Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hunts Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Undercliff Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Seven Sisters Close |