£399,063
This estimated value is based upon the latest sale price for the house of £390,000 on 27 Feb 2024. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £390,000 | 27 Feb 2024 |
| £325,000 | 22 Oct 2007 |
| £38,000 | 31 Jul 1996 |
| 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 February 2024 the House Price Index for ISLE OF WIGHT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £390,000 results in an estimated price of approximately £399,063.
| 27 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £390,000 | £9,063 | £399,063 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | -13.985 % | £-54,541 | £335,458 |
| 3 Month Average | -9.537 % | £-37,192 | £352,807 |
| 6 Month Average | -12.237 % | £-47,722 | £342,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £702,841 | £685,000 | SPRINGFIELD HIGH STREET |
| 24 Feb 2023 | £573,833 | £570,000 | HILLCREST HOUSE HIGH STREET |
| 18 Feb 2022 | £232,421 | £220,000 | 3 BARTLETTS CLOSE |
| 29 Sep 2021 | £407,088 | £375,000 | WISTERIA COTTAGE HIGH STREET |
| 17 Sep 2021 | £466,795 | £430,000 | 5 BARTLETTS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harbors Lake Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bartletts Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bartletts Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |