£329,339
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 January 2015 the House Price Index for ISLE OF WIGHT was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £220,000 results in an estimated price of approximately £329,339.
| 23 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £220,000 | £109,339 | £329,339 |
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 | 185.431 % | £407,948 | £627,948 |
| 3 Month Average | 63.534 % | £139,774 | £359,774 |
| 6 Month Average | 62.189 % | £136,815 | £356,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £312,716 | £310,000 | SUNNYDALE WESTLANDS |
| 3 Apr 2024 | £194,186 | £192,500 | 12 MARTINE CLOSE |
| 22 Mar 2024 | £370,695 | £365,000 | 3 BIRCH CLOSE |
| 8 Mar 2024 | £256,948 | £253,000 | MAIDA COTTAGE COLWELL LANE |
| 15 Nov 2023 | £213,930 | £208,500 | 6 JAMESON GARDENS |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 19 Feb 2015. Using an estimated price of £329,340 means this house is valued at £3,260 per sq meter (£302 per sq foot).
The average size of a house on HEATH MEADOW is 144 sq meters (1,555 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Colwell Lane |
| Oct 2024 | Public order | Under investigation | On or near Solent Gardens |
| Oct 2024 | Other crime | Further investigation is not in the public interest | On or near Solent Gardens |
| Sep 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Solent Gardens |
| Jul 2024 | Drugs | Local resolution | On or near Heath Lane |