£208,288
This estimated value is based upon the latest sale price for the house of £201,000 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £201,000 | 8 Mar 2022 |
| £174,995 | 24 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 March 2022 the House Price Index for ISLE OF WIGHT was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £201,000 results in an estimated price of approximately £208,288.
| 8 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £201,000 | £7,288 | £208,288 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 2.813 % | £5,655 | £206,655 |
| 3 Month Average | 8.218 % | £16,518 | £217,518 |
| 6 Month Average | 12.251 % | £24,625 | £225,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £164,717 | £162,500 | 78 AMHERST PLACE |
| 4 Apr 2023 | £141,524 | £140,000 | 71 AMHERST PLACE |
| 31 Mar 2023 | £230,168 | £228,000 | 8 HOPE ROAD |
| 6 Jan 2023 | £168,656 | £169,450 | 65 AMHERST PLACE |
| 27 Jun 2022 | £202,867 | £200,000 | 47 GRASMERE AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Sep 2021. Using an estimated price of £208,289 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on AMHERST PLACE is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Amherst Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amherst Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amherst Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amherst Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Amherst Place |