£49,978
This estimated value is based upon the latest sale price for the house of £40,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £40,000 | 2 Feb 2018 |
| 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 February 2018 the House Price Index for ISLE OF WIGHT was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £40,000 results in an estimated price of approximately £49,978.
| 2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £40,000 | £9,978 | £49,978 |
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 | -8.536 % | £-3,414 | £36,585 |
| 3 Month Average | 27.791 % | £11,116 | £51,116 |
| 6 Month Average | 20.459 % | £8,183 | £48,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £334,959 | £330,000 | 135 PALLANCE ROAD |
| 3 Nov 2023 | £355,260 | £350,000 | HIGHFIELD PALLANCE LANE |
| 22 Sep 2023 | £196,462 | £193,950 | 5 HORNHILL REW STREET |
| 7 Jul 2023 | £491,617 | £485,000 | CONSTANCE LITTLE WHITEHOUSE ROAD |
| 7 Jul 2023 | £420,662 | £415,000 | PINE VIEW REW STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Rolls Hill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rew Street |
| Apr 2024 | Drugs | Local resolution | On or near Rew Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rew Street |
| Apr 2024 | Drugs | Under investigation | On or near Thorness Lane |