£82,090
This estimated value is based upon the latest sale price for the house of £71,000 on 22 Dec 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 |
|---|---|
| £71,000 | 22 Dec 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 December 2020 the House Price Index for ISLE OF WIGHT was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £71,000 results in an estimated price of approximately £82,090.
| 22 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £71,000 | £11,090 | £82,090 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 3.142 % | £2,230 | £73,230 |
| 3 Month Average | 6.029 % | £4,280 | £75,280 |
| 6 Month Average | 8.745 % | £6,209 | £77,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £208,000 | £208,000 | 12 GRANGE DRIVE |
| 12 Apr 2024 | £181,577 | £180,000 | 29 HUNNYHILL |
| 11 Mar 2024 | £162,497 | £160,000 | 15 REDVER GARDENS |
| 31 Mar 2023 | £251,703 | £247,500 | 3 GRANGE DRIVE |
| 15 Feb 2023 | £201,345 | £200,000 | 12A HEYTESBURY ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 15 Jun 2021. Using an estimated price of £82,091 means this house is valued at £2,565 per sq meter (£238 per sq foot).
The average size of a house on GRANGE DRIVE is 53 sq meters (580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grange Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grange Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grange Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heytesbury Road |
| Aug 2024 | Anti-social behaviour | On or near Heytesbury Road |