£618,452
This estimated value is based upon the latest sale price for the house of £500,000 on 3 Aug 2018. 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 |
|---|---|
| £500,000 | 3 Aug 2018 |
| £485,000 | 22 Mar 2013 |
| £370,000 | 6 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 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 August 2018 the House Price Index for ISLE OF WIGHT was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £500,000 results in an estimated price of approximately £618,452.
| 3 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £500,000 | £118,452 | £618,452 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -61.264 % | £-306,320 | £193,679 |
| 3 Month Average | -7.968 % | £-39,841 | £460,158 |
| 6 Month Average | 4.902 % | £24,510 | £524,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £254,078 | £251,000 | 19 SALEM ROAD |
| 10 Mar 2023 | £122,403 | £121,250 | FLAT 7A RYCHRIS COURT, 8 VICTORIA AVENUE |
| 10 Feb 2023 | £169,886 | £170,000 | FLAT 4 2 SALEM ROAD |
| 9 Nov 2022 | £247,008 | £250,000 | 8 SALEM ROAD |
| 18 Jul 2022 | £115,310 | £115,000 | FLAT 4 GRANGE COURT, 16 GRANGE ROAD |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 2 Nov 2012. Using an estimated price of £618,452 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on POMONA ROAD is 267 sq meters (2,877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pomona Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pomona Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pomona Road |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Pomona Road |
| Mar 2024 | Drugs | Formal action is not in the public interest | On or near Salem Road |