£354,004
This estimated value is based upon the latest sale price for the house of £302,000 on 22 Sep 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £302,000 | 22 Sep 2020 |
| £212,000 | 29 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for ISLE OF WIGHT was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £302,000 results in an estimated price of approximately £354,004.
| 22 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £302,000 | £52,004 | £354,004 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | 108.154 % | £326,626 | £628,626 |
| 3 Month Average | 33.365 % | £100,761 | £402,761 |
| 6 Month Average | 101.097 % | £305,312 | £607,312 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Apr 2016.
The average size of a house on PRIORY DRIVE is 137 sq meters (1,485 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priory Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Eddington Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near East Green |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Horestone Drive |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Nettlestone Hill |