£152,129
This estimated value is based upon the latest sale price for the house of £144,000 on 11 Feb 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 |
---|---|
£144,000 | 11 Feb 2022 |
£125,000 | 25 Feb 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 February 2022 the House Price Index for ISLE OF WIGHT was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £144,000 results in an estimated price of approximately £152,129.
11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £144,000 | £8,129 | £152,129 |
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 | -45.057 % | £-64,881 | £79,118 |
3 Month Average | -17.094 % | £-24,614 | £119,385 |
6 Month Average | -9.755 % | £-14,047 | £129,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £210,339 | £205,000 | FLAT 4 BROOKLYN HOUSE, 48 NEWPORT ROAD |
30 Nov 2023 | £318,074 | £310,000 | 59 NEWPORT ROAD |
29 Nov 2023 | £410,418 | £400,000 | 45 NEWPORT ROAD |
21 Jun 2023 | £369,913 | £362,500 | 44 NEWPORT ROAD |
16 Jun 2023 | £158,170 | £155,000 | FLAT 1 SEAWARD COURT, 28 NEWPORT ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 19 Jun 2018. Using an estimated price of £152,130 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on NEWPORT ROAD is 101 sq meters (1,096 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Under investigation | On or near Uffa Fox Place |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Uffa Fox Place |
May 2024 | Possession of weapons | Under investigation | On or near Uffa Fox Place |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Uffa Fox Place |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Uffa Fox Place |