£255,419
This estimated value is based upon the latest sale price for the house of £175,000 on 11 May 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £175,000 | 11 May 2015 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 May 2015 the House Price Index for ISLE OF WIGHT was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £175,000 results in an estimated price of approximately £255,419.
| 11 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £175,000 | £80,419 | £255,419 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 19.726 % | £34,521 | £209,521 |
| 3 Month Average | 37.836 % | £66,212 | £241,212 |
| 6 Month Average | 38.235 % | £66,911 | £241,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £167,938 | £165,000 | 31 WEST STREET |
| 20 Nov 2023 | £81,151 | £79,950 | 7 ALEXANDRA LANE |
| 10 Nov 2023 | £355,260 | £350,000 | 43 CARISBROOKE ROAD |
| 13 Jul 2023 | £279,765 | £276,000 | 12 WEST STREET |
| 3 Apr 2023 | £232,503 | £230,000 | 15 CARISBROOKE ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 30 Apr 2014. Using an estimated price of £255,419 means this house is valued at £1,979 per sq meter (£183 per sq foot).
The average size of a house on WEST STREET is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near West Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near West Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near West Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Street |