£490,265
This estimated value is based upon the latest sale price for the house of £260,000 on 22 Dec 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £260,000 | 22 Dec 2004 |
| £128,500 | 11 Dec 1998 |
| 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 2004 the House Price Index for ISLE OF WIGHT was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £260,000 results in an estimated price of approximately £490,265.
| 22 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £260,000 | £230,265 | £490,265 |
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 | 75.598 % | £196,556 | £456,556 |
| 3 Month Average | 59.331 % | £154,259 | £414,259 |
| 6 Month Average | 58.227 % | £151,390 | £411,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £546,994 | £540,000 | 65 GREEN LANE |
| 5 Aug 2022 | £438,819 | £440,000 | 25 CORONATION AVENUE |
| 31 Jan 2022 | £894,547 | £850,000 | MEDHAM LODGE, 67 GREEN LANE |
| 27 Oct 2021 | £729,722 | £659,500 | 2 THE RIDGE |
| 30 Sep 2021 | £754,315 | £700,000 | 5 GREEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Nodes Road | |
| Feb 2024 | Anti-social behaviour | On or near Nodes Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Newport Road |
| Dec 2023 | Anti-social behaviour | On or near Newport Road | |
| Dec 2023 | Anti-social behaviour | On or near Newport Road |