£415,696
This estimated value is based upon the latest sale price for the house of £265,000 on 24 Apr 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £265,000 | 24 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,648 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 April 2014 the House Price Index for ISLE OF WIGHT was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £265,000 results in an estimated price of approximately £415,696.
| 24 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £265,000 | £150,696 | £415,696 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | -25.614 % | £-67,875 | £197,124 |
| 3 Month Average | -8.856 % | £-23,469 | £241,530 |
| 6 Month Average | -12.843 % | £-34,033 | £230,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £416,398 | £410,000 | LIGHTWOOD COTTAGE MAIN ROAD |
| 12 Mar 2024 | £253,901 | £250,000 | TATTELS COTTAGE TATTELS LANE |
| 12 Oct 2023 | £363,250 | £355,000 | 4 BARNSFIELD WILMINGHAM LANE |
| 19 Jan 2023 | £476,273 | £475,000 | WELLOW POST OFFICE WELLOW TOP ROAD |
| 27 Oct 2022 | £533,219 | £535,000 | SCHOOL HOUSE TATTELS LANE |
This house has a floor area of 153 sq meters or 1,648 sq feet when measured on 12 Aug 2011. Using an estimated price of £415,696 means this house is valued at £2,714 per sq meter (£252 per sq foot).
The average size of a house on NEWPORT ROAD is 163 sq meters (1,762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Broad Lane |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Broad Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Coopers Lane |