£598,333
This estimated value is based upon the latest sale price for the house of £490,000 on 6 Aug 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £490,000 | 6 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 August 2018 the House Price Index for ISLE OF WIGHT was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £490,000 results in an estimated price of approximately £598,333.
| 6 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £490,000 | £108,333 | £598,333 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 37.931 % | £185,861 | £675,861 |
| 3 Month Average | 25.262 % | £123,784 | £613,784 |
| 6 Month Average | 19.104 % | £93,610 | £583,610 |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 24 Jul 2014.
The average size of a house on ALBERT ROAD is 102 sq meters (1,106 sq feet).
This house is the largest in the street with a floor area of 210 sq meters (2,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Solent View Road |