£659,262
This estimated value is based upon the latest sale price for the house of £535,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Shore Road
More crime details
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Price Paid | Date |
---|---|
£535,000 | 23 Nov 2018 |
£345,000 | 26 Nov 2010 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,386 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 November 2018 the House Price Index for ISLE OF WIGHT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £535,000 results in an estimated price of approximately £659,262.
23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £535,000 | £124,262 | £659,262 |
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 | 33.433 % | £178,866 | £713,866 |
3 Month Average | 26.911 % | £143,975 | £678,975 |
6 Month Average | 22.581 % | £120,805 | £655,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £534,349 | £525,000 | 44 WOODVALE ROAD |
29 Sep 2023 | £1,453,586 | £1,435,000 | 51 WORSLEY ROAD |
17 Jul 2023 | £500,030 | £493,300 | 22 SHORE ROAD |
11 Mar 2022 | £415,541 | £401,000 | 62 WORSLEY ROAD |
16 Dec 2020 | £522,210 | £455,000 | 8 ALBERT ROAD |
This house has a floor area of 128 sq meters or 1,386 sq feet when measured on 26 Nov 2010. Using an estimated price of £659,262 means this house is valued at £5,116 per sq meter (£475 per sq foot).
The average size of a house on SOLENT LAWNS is 205 sq meters (2,213 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shore Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |
Mar 2024 | Burglary | Under investigation | On or near Woodvale Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Solent View Road |