£378,795
This estimated value is based upon the latest sale price for the house of £375,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £375,000 | 15 Jul 2022 |
| £242,000 | 18 Aug 2006 |
| 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 July 2022 the House Price Index for ISLE OF WIGHT was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £375,000 results in an estimated price of approximately £378,795.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £375,000 | £3,795 | £378,795 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -18.261 % | £-68,480 | £306,519 |
| 3 Month Average | -4.787 % | £-17,950 | £357,049 |
| 6 Month Average | -2.374 % | £-8,904 | £366,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £198,582 | £195,000 | FLAT 11 NAPIER APARTMENTS, 16 ESPLANADE |
| 1 Jun 2023 | £765,337 | £750,000 | 12 QUEENS ROAD |
| 30 Nov 2022 | £462,836 | £465,000 | APARTMENT 5 THE BAY HOUSE, 8 CHINE AVENUE |
| 15 Jul 2022 | £378,796 | £375,000 | FLAT 19 SAVOY COURT, 7 CHINE AVENUE |
| 8 Jun 2022 | £756,164 | £740,000 | APARTMENT 13 THE BAY HOUSE, 8 CHINE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Everton Lane | |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Everton Lane |
| Aug 2024 | Anti-social behaviour | On or near Everton Lane | |
| Jul 2024 | Drugs | Local resolution | On or near Everton Lane |
| Jun 2024 | Anti-social behaviour | On or near Everton Lane |