£2,570,616
This estimated value is based upon the latest sale price for the house of £1,500,000 on 22 Oct 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £1,500,000 | 22 Oct 2010 |
| £1,560,000 | 11 Jul 2008 |
| 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 October 2010 the House Price Index for ISLE OF WIGHT was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £1,500,000 results in an estimated price of approximately £2,570,616.
| 22 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £1,500,000 | £1,070,616 | £2,570,616 |
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 | 11.813 % | £177,191 | £1,677,191 |
| 3 Month Average | 61.722 % | £925,823 | £2,425,823 |
| 6 Month Average | 59.005 % | £885,081 | £2,385,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £289,840 | £285,000 | 3 MANOR CRESCENT |
| 24 Jun 2022 | £398,519 | £390,000 | THE YEWS NITON ROAD |
| 22 Feb 2022 | £291,054 | £275,500 | 21 DOLCROFT ROAD |
| 16 Dec 2021 | £491,085 | £455,000 | 2 CHESTNUT MEADOWS MAIN ROAD |
| 29 Sep 2021 | £569,924 | £525,000 | SQUIRRELS BUNKERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackwater Hollow |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackwater Hollow |
| May 2024 | Anti-social behaviour | On or near Dolcroft Road | |
| May 2024 | Anti-social behaviour | On or near Dolcroft Road | |
| May 2024 | Anti-social behaviour | On or near Dolcroft Road |