£452,497
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Nov 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Undercliff Drive
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| Price Paid | Date |
|---|---|
| £300,000 | 11 Nov 2014 |
| £390,000 | 16 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 November 2014 the House Price Index for ISLE OF WIGHT was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £300,000 results in an estimated price of approximately £452,497.
| 11 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £300,000 | £152,497 | £452,497 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | -8.591 % | £-25,773 | £274,226 |
| 3 Month Average | 50.219 % | £150,656 | £450,656 |
| 6 Month Average | 64.937 % | £194,811 | £494,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2024 | £1,200,000 | £1,200,000 | INGLEWOOD OLD PARK ROAD |
| 29 Nov 2023 | £343,725 | £335,000 | HIGH BANK HUNTS ROAD |
| 2 Oct 2023 | £2,302,290 | £2,250,000 | THE BUNKER OLD PARK ROAD |
| 14 Sep 2023 | £479,572 | £469,000 | ROCKSETT UNDERCLIFF DRIVE |
| 16 Nov 2022 | £492,696 | £495,000 | PONDA ROSA UNDERCLIFF DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 24 Nov 2015. Using an estimated price of £452,498 means this house is valued at £3,969 per sq meter (£368 per sq foot).
The average size of a house on OLD PARK ROAD is 152 sq meters (1,638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Undercliff Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ventnor Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ventnor Road |
| Oct 2024 | Public order | Under investigation | On or near Allotment Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |