£367,843
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Sep 2003. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £160,000 | 24 Sep 2003 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,199 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 September 2003 the House Price Index for ISLE OF WIGHT was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £160,000 results in an estimated price of approximately £367,843.
| 24 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £160,000 | £207,843 | £367,843 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | -10.173 % | £-16,276 | £143,723 |
| 3 Month Average | 18.688 % | £29,900 | £189,900 |
| 6 Month Average | 23.796 % | £38,073 | £198,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £1,018,367 | £1,000,000 | 6 THE MOUNT |
| 21 Apr 2023 | £703,152 | £690,000 | ROFFORD REACH THORLEY ROAD |
| 9 Mar 2023 | £259,331 | £255,000 | 8 EASTMORE COURT |
| 22 Jun 2022 | £378,082 | £370,000 | 17 BOULDNOR MEAD |
| 16 Jun 2022 | £459,829 | £450,000 | 9 THE GLEN |
This house has a floor area of 111 sq meters or 1,199 sq feet when measured on 27 Jun 2011. Using an estimated price of £367,844 means this house is valued at £3,300 per sq meter (£306 per sq foot).
The average size of a house on THORLEY ROAD is 144 sq meters (1,559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Tennyson Road | |
| Jul 2024 | Anti-social behaviour | On or near Tennyson Road | |
| Jul 2024 | Anti-social behaviour | On or near Tennyson Road | |
| Jul 2024 | Anti-social behaviour | On or near Tennyson Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Swithins Crescent |