£344,673
This estimated value is based upon the latest sale price for the house of £279,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £279,000 | 29 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 March 2019 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £279,000 results in an estimated price of approximately £344,673.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £279,000 | £65,673 | £344,673 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 16.320 % | £45,532 | £324,532 |
| 3 Month Average | 13.697 % | £38,213 | £317,213 |
| 6 Month Average | 5.702 % | £15,908 | £294,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £183,606 | £182,000 | 24 GARDEN WAY |
| 14 Jul 2023 | £226,042 | £223,000 | 27 PAN LANE |
| 27 Apr 2023 | £173,367 | £171,500 | 57 GARDEN WAY |
| 5 Jan 2023 | £405,589 | £407,500 | 10 SWAN STREET |
| 2 Aug 2022 | £199,463 | £200,000 | 44 GARDEN WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 14 Mar 2019. Using an estimated price of £344,673 means this house is valued at £3,706 per sq meter (£344 per sq foot).
The average size of a house on SWAN STREET is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Swan Street |
| Dec 2023 | Anti-social behaviour | On or near Swan Street | |
| Dec 2023 | Anti-social behaviour | On or near Swan Street | |
| Dec 2023 | Anti-social behaviour | On or near Swan Street | |
| Dec 2023 | Anti-social behaviour | On or near Swan Street |