£289,064
This estimated value is based upon the latest sale price for the house of £240,000 on 5 Mar 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£240,000 | 5 Mar 2020 |
£94,950 | 17 Dec 1999 |
£87,000 | 23 Jul 1999 |
£72,000 | 8 Apr 1997 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 March 2020 the House Price Index for ISLE OF WIGHT was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £240,000 results in an estimated price of approximately £289,064.
5 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £240,000 | £49,064 | £289,064 |
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 | 5.697 % | £13,672 | £253,672 |
3 Month Average | 22.989 % | £55,173 | £295,173 |
6 Month Average | 6.803 % | £16,327 | £256,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £298,821 | £295,000 | 5 WINCHAT CLOSE |
15 Feb 2023 | £299,798 | £300,000 | 11 NIGHTINGALE ROAD |
21 Oct 2022 | £349,240 | £353,000 | 3 LARK RISE |
8 Jul 2022 | £310,837 | £310,000 | 2 REDWING CLOSE |
29 Nov 2021 | £373,122 | £345,000 | 42 LARK RISE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Oct 2019. Using an estimated price of £289,065 means this house is valued at £4,314 per sq meter (£400 per sq foot).
The average size of a house on WHEATEAR CLOSE is 101 sq meters (1,094 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Redwing Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Lark Rise |
Jan 2024 | Public order | Awaiting court outcome | On or near Kingfisher Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingfisher Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingfisher Close |