£339,816
This estimated value is based upon the latest sale price for the house of £215,000 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £215,000 | 23 Aug 2007 |
| £145,000 | 24 Mar 2006 |
| £75,000 | 6 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 August 2007 the House Price Index for ISLE OF WIGHT was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £215,000 results in an estimated price of approximately £339,816.
| 23 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £215,000 | £124,816 | £339,816 |
The Postcode Pricing Model uses changes in average sales price within the PO39 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 | 66.584 % | £143,155 | £358,155 |
| 3 Month Average | 43.613 % | £93,767 | £308,767 |
| 6 Month Average | 8.904 % | £19,142 | £234,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £149,597 | £145,000 | FLAT 4 AFTON GALLERY THE BROADWAY |
| 2 Sep 2022 | £199,861 | £199,995 | FLAT 5 VECTIS HOUSE WARD ROAD |
| 19 Aug 2022 | £321,503 | £320,000 | HOPE COTTAGE THE BROADWAY |
| 12 Aug 2022 | £150,705 | £150,000 | KENDAL HOUSE KENDAL ROAD |
| 25 Apr 2022 | £162,875 | £157,000 | FLAT 1 GRANVILLE COURT THE BROADWAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Mar 2016. Using an estimated price of £339,817 means this house is valued at £3,615 per sq meter (£335 per sq foot).
The average size of a house on BROADWAY is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Broadway |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Broadway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kendal Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Kendal Road |
| Oct 2024 | Anti-social behaviour | On or near Lanes End |