£600,236
This estimated value is based upon the latest sale price for the house of £585,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There have been two burglaries within the last year on or near The Square
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| Price Paid | Date |
|---|---|
| £585,000 | 17 Nov 2023 |
| Detached |
| Freehold |
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 November 2023 the House Price Index for ISLE OF WIGHT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £585,000 results in an estimated price of approximately £600,236.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £585,000 | £15,236 | £600,236 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 110.990 % | £649,289 | £1,234,289 |
| 3 Month Average | 50.066 % | £292,883 | £877,883 |
| 6 Month Average | 33.391 % | £195,336 | £780,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £600,236 | £585,000 | THE HAVEN VICTORIA ROAD |
| 14 Sep 2023 | £426,400 | £417,000 | 14 JENNINGS CLOSE |
| 30 Jun 2023 | £326,544 | £320,000 | ELLESMERE GUYERS ROAD |
| 22 Jun 2023 | £270,419 | £265,000 | FLAT 1 LANGTRY HOUSE VICTORIA ROAD |
| 21 Mar 2022 | £209,831 | £201,000 | BRAESIDE BLACKBRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near The Square |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Square |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Square |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Square |
| Jul 2024 | Burglary | Under investigation | On or near The Square |