£352,451
This estimated value is based upon the latest sale price for the house of £267,500 on 23 Nov 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 |
|---|---|
| £267,500 | 23 Nov 2016 |
| £244,950 | 12 Jan 2007 |
| £215,000 | 1 Apr 2004 |
| £75,000 | 12 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 2016 the House Price Index for ISLE OF WIGHT was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £267,500 results in an estimated price of approximately £352,451.
| 23 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £267,500 | £84,951 | £352,451 |
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 | -7.955 % | £-21,279 | £246,220 |
| 3 Month Average | -15.187 % | £-40,624 | £226,875 |
| 6 Month Average | 1.348 % | £3,605 | £271,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £258,303 | £255,000 | FLAT 5 BRAMLEY HOUSE, 13 PADDOCK ROAD |
| 4 Aug 2023 | £360,151 | £357,000 | 27 ALBERT ROAD |
| 10 Mar 2023 | £122,403 | £121,250 | FLAT 7A RYCHRIS COURT, 8 VICTORIA AVENUE |
| 23 Sep 2022 | £322,397 | £325,000 | 17 ALBERT ROAD |
| 30 May 2022 | £112,112 | £110,000 | FLAT 7B RYCHRIS COURT 8 VICTORIA AVENUE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 19 Feb 2017. Using an estimated price of £352,452 means this house is valued at £2,162 per sq meter (£200 per sq foot).
The average size of a house on VICTORIA AVENUE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Drugs | Under investigation | On or near Parking Area |
| Mar 2024 | Theft from the person | Under investigation | On or near Furze Hill Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchardleigh Mews |