£360,438
This estimated value is based upon the latest sale price for the house of £305,000 on 20 Oct 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£305,000 | 20 Oct 2020 |
£280,000 | 11 Jun 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 107 sq meters or 1,151 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 October 2020 the House Price Index for ISLE OF WIGHT was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £305,000 results in an estimated price of approximately £360,438.
20 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £305,000 | £55,438 | £360,438 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | 30.161 % | £91,992 | £396,992 |
3 Month Average | 7.563 % | £23,066 | £328,066 |
6 Month Average | 44.424 % | £135,493 | £440,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £1,846,881 | £1,800,000 | MEDLARS FAIRY ROAD |
3 Nov 2023 | £194,949 | £190,000 | FLAT 5 PLAS-YN-DRE RYDE ROAD |
19 Apr 2023 | £901,869 | £885,000 | SANDBOURNE RYDE ROAD |
31 Oct 2022 | £2,890,346 | £2,900,000 | FAIRYLEE BLUETT AVENUE |
5 Sep 2022 | £349,766 | £350,000 | FLAT 1 ASTRA HOUSE RYDE ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 May 2018. Using an estimated price of £360,439 means this house is valued at £3,368 per sq meter (£312 per sq foot).
The average size of a house on RYDE ROAD is 126 sq meters (1,364 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Under investigation | On or near Seafield Road |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bluett Avenue |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Saltern'S Road |
Aug 2024 | Anti-social behaviour | On or near Old Seaview Lane | |
Aug 2024 | Anti-social behaviour | On or near Old Seaview Lane |