£251,108
This estimated value is based upon the latest sale price for the house of £44,750 on 2 May 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £44,750 | 2 May 1996 |
| Semi-Detached |
| Freehold |
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 1996 the House Price Index for ISLE OF WIGHT was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £44,750 results in an estimated price of approximately £251,108.
| 2 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.136 % | £44,750 | £206,358 | £251,108 |
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 | 419.002 % | £187,503 | £232,253 |
| 3 Month Average | 568.139 % | £254,242 | £298,992 |
| 6 Month Average | 470.336 % | £210,475 | £255,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £205,123 | £202,500 | 14 NEWPORT STREET |
| 28 Jul 2023 | £185,497 | £183,000 | 9 STATION STREET |
| 20 Jun 2023 | £202,452 | £200,000 | FLAT 1 27 JOHN STREET |
| 6 Feb 2023 | £149,899 | £150,000 | 13 GREEN STREET |
| 1 Feb 2023 | £196,868 | £197,000 | APARTMENT 11 GREENMOUNT 8 GREEN STREET |