£304,413
This estimated value is based upon the latest sale price for the house of £245,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£245,000 | 31 Jul 2019 |
£220,000 | 1 Sep 2015 |
Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 July 2019 the House Price Index for ISLE OF WIGHT was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £245,000 results in an estimated price of approximately £304,413.
31 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £245,000 | £59,413 | £304,413 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 338.548 % | £829,442 | £1,074,442 |
3 Month Average | 62.652 % | £153,496 | £398,496 |
6 Month Average | 29.140 % | £71,393 | £316,393 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £388,566 | £380,000 | SKAGWAY CAMP ROAD |
21 Aug 2023 | £280,051 | £275,000 | 9 OLD SCHOOL CLOSE |
10 Feb 2023 | £327,186 | £325,000 | 16 OLD SCHOOL CLOSE |
30 Nov 2022 | £821,160 | £825,000 | BROOKSIDE HEALTH CENTRE QUEENS ROAD |
24 Aug 2022 | £256,198 | £255,000 | 2 QUEENS TERRACE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Jun 2015. Using an estimated price of £304,414 means this house is valued at £3,539 per sq meter (£328 per sq foot).
The average size of a house on OLD SCHOOL CLOSE is 96 sq meters (1,037 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Old School Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Windmill Lane |
Jul 2024 | Anti-social behaviour | On or near Windmill Lane | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Camp Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Camp Road |