£353,791
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Mar 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £260,000 | 8 Mar 2016 |
| 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 March 2016 the House Price Index for ISLE OF WIGHT was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £260,000 results in an estimated price of approximately £353,791.
| 8 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £260,000 | £93,791 | £353,791 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | 26.500 % | £68,900 | £328,900 |
| 3 Month Average | 36.538 % | £94,997 | £354,997 |
| 6 Month Average | 38.918 % | £101,187 | £361,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £198,582 | £195,000 | FLAT 11 NAPIER APARTMENTS, 16 ESPLANADE |
| 1 Jun 2023 | £765,337 | £750,000 | 12 QUEENS ROAD |
| 6 May 2022 | £246,420 | £240,000 | FLAT 2 WAVERLEY COURT, 8 ESPLANADE |
| 14 Mar 2022 | £287,082 | £275,000 | FLAT 4 THE ADELAIDE, 15 ESPLANADE |
| 16 Feb 2022 | £818,754 | £775,000 | 17 ESPLANADE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Osborne Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastcliff Promenade |