£1,110,504
This estimated value is based upon the latest sale price for the house of £1,100,000 on 19 Jul 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £1,100,000 | 19 Jul 2023 |
| £160,000 | 24 May 2022 |
| £1,095,691 | 14 Mar 2019 |
| 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 July 2023 the House Price Index for ISLE OF WIGHT was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,110,504.
| 19 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £1,100,000 | £10,504 | £1,110,504 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | -39.425 % | £-433,673 | £666,326 |
| 3 Month Average | -7.408 % | £-81,488 | £1,018,511 |
| 6 Month Average | -8.787 % | £-96,652 | £1,003,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £406,373 | £405,000 | 1 GURNARD HEIGHTS |
| 20 Dec 2023 | £535,124 | £525,000 | 44 WOODVALE ROAD |
| 19 Jul 2023 | £1,110,505 | £1,100,000 | THE WOODVALE, 1 PRINCES ESPLANADE |
| 17 Jul 2023 | £498,011 | £493,300 | 22 SHORE ROAD |
| 10 Feb 2023 | £965,434 | £970,000 | EBISU SOLENT SHORES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Woodvale Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shore Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Shore Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shore Road |
| Mar 2024 | Burglary | Under investigation | On or near Woodvale Road |