£459,313
This estimated value is based upon the latest sale price for the house of £370,000 on 21 Nov 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £370,000 | 21 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2018 the House Price Index for ISLE OF WIGHT was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £370,000 results in an estimated price of approximately £459,313.
| 21 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £370,000 | £89,313 | £459,313 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 56.973 % | £210,800 | £580,800 |
| 3 Month Average | 36.064 % | £133,436 | £503,436 |
| 6 Month Average | 26.469 % | £97,935 | £467,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £541,644 | £525,000 | 44 WOODVALE ROAD |
| 29 Sep 2023 | £1,467,346 | £1,435,000 | 51 WORSLEY ROAD |
| 15 Sep 2023 | £368,115 | £360,000 | 35 WORSLEY ROAD |
| 27 Jan 2023 | £1,403,751 | £1,400,000 | 39 WORSLEY ROAD |
| 11 Mar 2022 | £418,617 | £401,000 | 62 WORSLEY ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jun 2018. Using an estimated price of £459,313 means this house is valued at £4,938 per sq meter (£458 per sq foot).
The average size of a house on WORSLEY LANE is 154 sq meters (1,661 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westbrook Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westbrook Lane |
| Jul 2024 | Public order | Under investigation | On or near Shore Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Shore Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Shore Road |