£293,862
This estimated value is based upon the latest sale price for the house of £275,000 on 8 Jun 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £275,000 | 8 Jun 2021 |
| £180,000 | 26 Mar 2014 |
| £41,000 | 23 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 June 2021 the House Price Index for ISLE OF WIGHT was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £275,000 results in an estimated price of approximately £293,862.
| 8 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £275,000 | £18,862 | £293,862 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 31.556 % | £86,778 | £361,778 |
| 3 Month Average | 24.220 % | £66,605 | £341,605 |
| 6 Month Average | 33.354 % | £91,722 | £366,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £628,824 | £625,000 | 44 FORELAND ROAD |
| 3 Feb 2023 | £462,811 | £465,000 | TENI-WEIR MANNA ROAD |
| 17 Jan 2023 | £267,649 | £270,000 | 2 DRAYTON COTTAGES |
| 12 Jan 2023 | £599,732 | £605,000 | 42 FORELAND ROAD |
| 1 Aug 2022 | £223,490 | £225,000 | FLAT 1 THE POPLARS, 64 FORELAND ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Aug 2020. Using an estimated price of £293,863 means this house is valued at £3,627 per sq meter (£337 per sq foot).
The average size of a house on QUEENS ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foreland Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dennett Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Preston Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |