£510,221
This estimated value is based upon the latest sale price for the house of £475,000 on 13 Dec 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 |
---|---|
£475,000 | 13 Dec 2023 |
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 December 2023 the House Price Index for ISLE OF WIGHT was 97.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 7.415%.Applying this 7.415% change to the original purchase price of £475,000 results in an estimated price of approximately £510,221.
13 Dec 2023 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.1 | 104.3 | 7.415 % | £475,000 | £35,221 | £510,221 |
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 | 61.604 % | £292,617 | £767,617 |
3 Month Average | 4.612 % | £21,904 | £496,904 |
6 Month Average | -0.612 % | £-2,906 | £472,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jan 2025 | £349,035 | £340,000 | APPLE TREE COTTAGE SUMMERS LANE |
13 Dec 2024 | £615,896 | £597,000 | GROVES COTTAGE SUMMERS LANE |
24 Oct 2024 | £286,538 | £275,000 | 19 ROSELANDS |
12 Sep 2024 | £472,183 | £450,000 | 8 FARTHINGS WAY |
13 Dec 2023 | £510,221 | £475,000 | ZOYA SUMMERS LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Brickfield Lane |
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Brickfield Lane |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Brickfield Lane |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Brickfield Lane |
Mar 2025 | Public order | Under investigation | On or near Court Road |