£215,729
This estimated value is based upon the latest sale price for the house of £134,950 on 25 Apr 2008. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £134,950 | 25 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
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 April 2008 the House Price Index for ISLE OF WIGHT was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £134,950 results in an estimated price of approximately £215,729.
| 25 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £134,950 | £80,779 | £215,729 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 130.823 % | £176,545 | £311,495 |
| 3 Month Average | 93.844 % | £126,643 | £261,593 |
| 6 Month Average | 65.802 % | £88,800 | £223,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £174,176 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
| 15 Nov 2023 | £230,860 | £225,000 | 29 EDINBURGH ROAD |
| 28 Sep 2023 | £112,480 | £110,000 | 7B ORCHARD CLOSE |
| 22 Sep 2023 | £112,480 | £110,000 | 7 WOODLAND COURT ORCHARD CLOSE |
| 23 Feb 2023 | £342,286 | £340,000 | DERRY DOWNS HOOKE HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Aug 2024 | Burglary | Under investigation | On or near Hooke Hill |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Anti-social behaviour | On or near Petrol Station |