£579,753
This estimated value is based upon the latest sale price for the house of £570,000 on 30 May 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £570,000 | 30 May 2023 |
| £82,500 | 17 Oct 1997 |
| Detached |
| Freehold |
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 2023 the House Price Index for ISLE OF WIGHT was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £570,000 results in an estimated price of approximately £579,753.
| 30 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £570,000 | £9,753 | £579,753 |
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 | 28.296 % | £161,284 | £731,284 |
| 3 Month Average | 26.010 % | £148,256 | £718,256 |
| 6 Month Average | 6.957 % | £39,653 | £609,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £502,439 | £495,000 | 23 WESTFIELD PARK |
| 20 Jan 2023 | £462,820 | £465,000 | DRIFTWOOD BUCKINGHAM CLOSE |
| 23 Nov 2022 | £874,408 | £885,000 | CAMERON HOUSE, 33 SPENCER ROAD |
| 30 Aug 2022 | £548,524 | £550,000 | 3 WESTFIELD PARK |
| 3 Aug 2022 | £580,936 | £582,500 | 25 WESTFIELD PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Buckingham Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St George'S Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Coniston Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lind Place |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lind Street |