£239,683
This estimated value is based upon the latest sale price for the house of £180,000 on 13 Jul 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £180,000 | 13 Jul 2016 |
| £145,000 | 2 Mar 2012 |
| 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 July 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £180,000 results in an estimated price of approximately £239,683.
| 13 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £180,000 | £59,683 | £239,683 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | 41.288 % | £74,318 | £254,318 |
| 3 Month Average | -15.304 % | £-27,546 | £152,453 |
| 6 Month Average | 3.773 % | £6,791 | £186,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £328,537 | £325,000 | 141A SANDOWN ROAD |
| 31 Mar 2023 | £333,139 | £330,000 | 7 OLD SCHOOL MEWS |
| 5 Sep 2022 | £260,893 | £263,000 | 155 SANDOWN ROAD |
| 21 Jan 2022 | £252,578 | £240,000 | 112 SANDOWN ROAD |
| 1 Nov 2021 | £313,639 | £290,000 | 19 LITTLESTAIRS ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 18 Dec 2014. Using an estimated price of £239,684 means this house is valued at £3,631 per sq meter (£337 per sq foot).
The average size of a house on SANDOWN ROAD is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Littlestairs Road |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Littlestairs Road |
| Jan 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Other theft | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wheeler Way |