£512,240
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Dec 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £295,000 | 14 Dec 2011 |
| £128,000 | 2 Feb 1999 |
| £45,000 | 19 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 December 2011 the House Price Index for ISLE OF WIGHT was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £295,000 results in an estimated price of approximately £512,240.
| 14 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £295,000 | £217,240 | £512,240 |
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 | -10.133 % | £-29,891 | £265,108 |
| 3 Month Average | 55.353 % | £163,291 | £458,291 |
| 6 Month Average | 68.787 % | £202,921 | £497,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £775,000 | £775,000 | 33 LEESON ROAD |
| 8 Dec 2023 | £613,863 | £595,000 | BEESWING BONCHURCH SHUTE |
| 30 Nov 2023 | £872,138 | £850,000 | PITTS KEEP THE PITTS |
| 14 Oct 2022 | £1,096,338 | £1,100,000 | THE TURRET HOUSE BONCHURCH VILLAGE ROAD |
| 30 Sep 2022 | £724,516 | £725,000 | THE OLD COACHHOUSE GRANGESIDE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 24 Jul 2014. Using an estimated price of £512,240 means this house is valued at £4,925 per sq meter (£457 per sq foot).
The average size of a house on BONCHURCH VILLAGE ROAD is 122 sq meters (1,320 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near The Pitts |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Pitts |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near The Pitts |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shore Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Shore Road |