£187,330
This estimated value is based upon the latest sale price for the house of £163,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £163,000 | 30 Jul 2021 |
| £37,750 | 26 Sep 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 July 2021 the House Price Index for ISLE OF WIGHT was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £163,000 results in an estimated price of approximately £187,330.
| 30 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £163,000 | £24,330 | £187,330 |
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 | -10.842 % | £-17,672 | £145,327 |
| 3 Month Average | 14.437 % | £23,532 | £186,532 |
| 6 Month Average | 0.602 % | £980 | £163,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £187,780 | £185,000 | 42 UPTON ROAD |
| 1 Nov 2023 | £258,832 | £255,000 | 2 WREXHAM AVENUE |
| 8 Jun 2023 | £242,943 | £240,000 | 27 GRENVILLE DRIVE |
| 29 Apr 2022 | £247,152 | £240,000 | 53 BETTESWORTH ROAD |
| 29 Apr 2022 | £231,705 | £225,000 | 55 BETTESWORTH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 25 Sep 2015. Using an estimated price of £187,330 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on BETTESWORTH ROAD is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrexham Avenue |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Wrexham Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field View |