£212,498
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£135,000 | 21 Mar 2014 |
£120,000 | 10 Apr 2003 |
Terraced |
Leasehold |
Floor Area: 101 sq meters or 1,087 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 2014 the House Price Index for ISLE OF WIGHT was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £135,000 results in an estimated price of approximately £212,498.
21 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £135,000 | £77,498 | £212,498 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 44.999 % | £60,748 | £195,748 |
3 Month Average | 57.892 % | £78,154 | £213,154 |
6 Month Average | 45.332 % | £61,197 | £196,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £228,070 | £225,000 | 25 DRABBLES LANE |
14 Jun 2023 | £323,924 | £320,000 | APARTMENT 6 SANDHAM COURT NUNWELL STREET |
4 May 2022 | £637,003 | £625,000 | MELVILLE GLEN MELVILLE STREET |
27 Apr 2022 | £266,718 | £259,000 | APARTMENT 8 SANDHAM COURT NUNWELL STREET |
2 Feb 2022 | £204,495 | £195,000 | FLAT 12 GROSVENOR COURT, 9 BROADWAY |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 Jun 2014. Using an estimated price of £212,498 means this house is valued at £2,103 per sq meter (£195 per sq foot).
The average size of a house on DRABBLES LANE is 78 sq meters (844 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A3055 |
Feb 2024 | Anti-social behaviour | On or near Grange Road | |
Feb 2024 | Anti-social behaviour | On or near Grange Road | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Rise |
Jan 2024 | Anti-social behaviour | On or near Park Rise |