£284,808
This estimated value is based upon the latest sale price for the house of £285,000 on 13 Feb 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £285,000 | 13 Feb 2023 |
| £180,000 | 16 Aug 2007 |
| Terraced |
| 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 February 2023 the House Price Index for ISLE OF WIGHT was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £285,000 results in an estimated price of approximately £284,808.
| 13 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £285,000 | £-191 | £284,808 |
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 | -42.062 % | £-119,877 | £165,122 |
| 3 Month Average | 15.602 % | £44,465 | £329,465 |
| 6 Month Average | 11.556 % | £32,933 | £317,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £232,979 | £230,000 | 34 SOMERSET ROAD |
| 27 Apr 2023 | £343,650 | £339,950 | 9 MARLBOROUGH CLOSE |
| 13 Feb 2023 | £284,808 | £285,000 | 11 LONG ORCHARD |
| 13 Jan 2023 | £248,828 | £250,000 | 80 MARLBOROUGH ROAD |
| 29 Jun 2022 | £273,870 | £270,000 | 7 MARLBOROUGH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Salisbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |
| 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 |