£292,312
This estimated value is based upon the latest sale price for the house of £178,000 on 8 Jan 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £178,000 | 8 Jan 2007 |
| £164,500 | 31 Oct 2005 |
| £125,000 | 6 Feb 2004 |
| £78,000 | 15 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2007 the House Price Index for ISLE OF WIGHT was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £178,000 results in an estimated price of approximately £292,312.
| 8 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £178,000 | £114,312 | £292,312 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 42.043 % | £74,835 | £252,835 |
| 3 Month Average | 85.953 % | £152,996 | £330,996 |
| 6 Month Average | 55.732 % | £99,203 | £277,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £232,979 | £230,000 | 34 SOMERSET ROAD |
| 3 Mar 2023 | £292,758 | £290,000 | 70 MARLBOROUGH ROAD |
| 13 Feb 2023 | £284,808 | £285,000 | 11 LONG ORCHARD |
| 13 Jan 2023 | £248,828 | £250,000 | 80 MARLBOROUGH ROAD |
| 29 Jun 2022 | £245,469 | £242,000 | 105 MARLBOROUGH ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 22 Sep 2014. Using an estimated price of £292,313 means this house is valued at £3,438 per sq meter (£319 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marlborough Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Banbury Close |