£285,865
This estimated value is based upon the latest sale price for the house of £192,000 on 10 Feb 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £192,000 | 10 Feb 2015 |
| £188,000 | 15 Nov 2013 |
| £188,500 | 26 Mar 2010 |
| £57,500 | 24 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 120 sq meters or 1,297 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 February 2015 the House Price Index for ISLE OF WIGHT was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £192,000 results in an estimated price of approximately £285,865.
| 10 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £192,000 | £93,865 | £285,865 |
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 | 112.425 % | £215,856 | £407,856 |
| 3 Month Average | 48.647 % | £93,402 | £285,402 |
| 6 Month Average | 30.753 % | £59,045 | £251,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £168,590 | £166,000 | 4 MILL HILL ROAD |
| 15 Dec 2023 | £175,389 | £170,000 | 8A ROPEWORKS COURT, 6 MILL HILL ROAD |
| 27 Nov 2023 | £179,558 | £175,000 | 58 YORK STREET |
| 10 Nov 2023 | £318,074 | £310,000 | 60 YORK STREET |
| 8 Nov 2023 | £174,428 | £170,000 | FLAT 7 ROPEWORKS COURT, 6 MILL HILL ROAD |
This house has a floor area of 120 sq meters or 1,297 sq feet when measured on 4 Sep 2009. Using an estimated price of £285,865 means this house is valued at £2,372 per sq meter (£220 per sq foot).
The average size of a house on YORK STREET is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Police Station |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Police Station |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |
| Jun 2024 | Anti-social behaviour | On or near Langley Road | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Langley Road |