£454,077
This estimated value is based upon the latest sale price for the house of £140,000 on 29 Oct 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £140,000 | 29 Oct 2001 |
| Semi-Detached |
| Leasehold |
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 October 2001 the House Price Index for ISLE OF WIGHT was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £140,000 results in an estimated price of approximately £454,077.
| 29 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £140,000 | £314,077 | £454,077 |
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 | 193.246 % | £270,544 | £410,544 |
| 3 Month Average | 266.100 % | £372,540 | £512,540 |
| 6 Month Average | 226.690 % | £317,366 | £457,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £205,123 | £202,500 | 14 NEWPORT STREET |
| 4 Jul 2023 | £285,847 | £282,000 | 5 WEST STREET |
| 20 Jun 2023 | £202,452 | £200,000 | FLAT 1 27 JOHN STREET |
| 20 Jan 2023 | £253,804 | £255,000 | 8 VICTORIA STREET |
| 13 Jan 2023 | £597,187 | £600,000 | 22 GARFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lind Place |