£193,225
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 24 Feb 2022 |
| £89,000 | 19 May 2004 |
| £60,000 | 4 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 February 2022 the House Price Index for ISLE OF WIGHT was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £185,000 results in an estimated price of approximately £193,225.
| 24 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £185,000 | £8,225 | £193,225 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 16.401 % | £30,341 | £215,341 |
| 3 Month Average | 6.362 % | £11,769 | £196,769 |
| 6 Month Average | -5.049 % | £-9,340 | £175,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £396,339 | £395,000 | 6 THE RUSKINS |
| 14 Mar 2024 | £586,983 | £585,000 | ROSEMULLION LOVE LANE |
| 14 Mar 2024 | £401,356 | £400,000 | 14 THE RUSKINS |
| 18 Dec 2023 | £2,140,496 | £2,100,000 | HILLGROVE HOUSE DUCIE AVENUE |
| 23 Mar 2023 | £1,256,793 | £1,250,000 | WHITE HOUSE DUCIE AVENUE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 9 Sep 2021. Using an estimated price of £193,225 means this house is valued at £4,293 per sq meter (£398 per sq foot).
The average size of a house on PUMP LANE is 184 sq meters (1,986 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ducie Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ducie Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Beach Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Harbour Strand |
| Mar 2024 | Other theft | Action to be taken by another organisation | On or near Sherbourne Street |