£544,897
This estimated value is based upon the latest sale price for the house of £323,500 on 20 Apr 2012. 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 Springvale Road
More crime details
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| Price Paid | Date |
|---|---|
| £323,500 | 20 Apr 2012 |
| £215,000 | 4 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
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 April 2012 the House Price Index for ISLE OF WIGHT was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.438%.Applying this 68.438% change to the original purchase price of £323,500 results in an estimated price of approximately £544,897.
| 20 Apr 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.438 % | £323,500 | £221,397 | £544,897 |
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 | 68.086 % | £220,256 | £543,756 |
| 3 Month Average | 23.039 % | £74,532 | £398,032 |
| 6 Month Average | 91.381 % | £295,616 | £619,116 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Springvale Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springvale Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duver Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duver Road |