£599,526
This estimated value is based upon the latest sale price for the house of £485,000 on 22 May 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Hooke Hill
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Price Paid | Date |
---|---|
£485,000 | 22 May 2019 |
Detached |
Freehold |
Floor Area: 177 sq meters or 1,905 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 May 2019 the House Price Index for ISLE OF WIGHT was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £485,000 results in an estimated price of approximately £599,526.
22 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £485,000 | £114,526 | £599,526 |
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 | 21.921 % | £106,317 | £591,317 |
3 Month Average | 18.954 % | £91,925 | £576,925 |
6 Month Average | 25.654 % | £124,419 | £609,419 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £171,500 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
15 Nov 2023 | £228,381 | £225,000 | 29 EDINBURGH ROAD |
28 Sep 2023 | £111,425 | £110,000 | 7B ORCHARD CLOSE |
22 Sep 2023 | £111,425 | £110,000 | 7 WOODLAND COURT ORCHARD CLOSE |
25 Jul 2023 | £228,070 | £225,000 | 62 EDINBURGH ROAD |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 26 Mar 2018. Using an estimated price of £599,527 means this house is valued at £3,387 per sq meter (£314 per sq foot).
The average size of a house on HOOKE CLOSE is 146 sq meters (1,576 sq feet).
This house is the largest in the street with a floor area of 177 sq meters (1,905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Hooke Hill |
Apr 2024 | Anti-social behaviour | On or near The Crundles | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regina Road |
Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |