£158,741
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Aug 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Aug 2018 |
| £151,995 | 13 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
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 2018 the House Price Index for ISLE OF WIGHT was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £130,000 results in an estimated price of approximately £158,741.
| 20 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £130,000 | £28,741 | £158,741 |
The Postcode Pricing Model uses changes in average sales price within the PO32 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 | -3.443 % | £-4,475 | £125,524 |
| 3 Month Average | 17.692 % | £22,999 | £152,999 |
| 6 Month Average | 45.355 % | £58,960 | £188,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £131,774 | £130,000 | FLAT 12 THE MOORINGS, 21 ALBERT WAY |
| 6 Oct 2022 | £257,230 | £260,000 | 55 ALBERT WAY |
| 23 Dec 2021 | £243,738 | £227,500 | 37 CAPTAINS PARADE |
| 27 Aug 2021 | £267,748 | £240,000 | 18 BRINTON CLOSE |
| 20 Dec 2019 | £158,866 | £129,500 | 6 ALBERT WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gustar Grove |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brinton Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beatrice Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Way |