£304,330
This estimated value is based upon the latest sale price for the house of £262,500 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£262,500 | 27 Nov 2020 |
£227,500 | 31 Jan 2007 |
£159,000 | 18 Dec 2002 |
Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 November 2020 the House Price Index for ISLE OF WIGHT was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £262,500 results in an estimated price of approximately £304,330.
27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £262,500 | £41,830 | £304,330 |
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 | 43.069 % | £113,057 | £375,557 |
3 Month Average | 28.815 % | £75,638 | £338,138 |
6 Month Average | 11.449 % | £30,053 | £292,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £430,000 | £430,000 | 14 SELWOOD ROAD |
8 Mar 2024 | £395,000 | £395,000 | 4 JENNINGS CLOSE |
14 Sep 2023 | £422,401 | £417,000 | 14 JENNINGS CLOSE |
9 Jun 2023 | £318,862 | £315,000 | 17 SELWOOD ROAD |
12 Jan 2023 | £310,040 | £311,500 | CRANLEIGH BLACKBRIDGE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Jan 2020. Using an estimated price of £304,330 means this house is valued at £4,611 per sq meter (£428 per sq foot).
The average size of a house on JENNINGS CLOSE is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackbridge Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Everard Close |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near The Square |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Square |
Feb 2024 | Shoplifting | Local resolution | On or near Supermarket |