£277,410
This estimated value is based upon the latest sale price for the house of £150,000 on 12 May 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 May 2009 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2009 the House Price Index for ISLE OF WIGHT was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £150,000 results in an estimated price of approximately £277,410.
| 12 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £150,000 | £127,410 | £277,410 |
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 | 55.841 % | £83,762 | £233,762 |
| 3 Month Average | 112.372 % | £168,557 | £318,557 |
| 6 Month Average | 77.122 % | £115,682 | £265,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £182,331 | £180,000 | 2 KING ARTHUR CLOSE |
| 4 Sep 2023 | £278,562 | £275,000 | 24 ARTHUR STREET |
| 17 Aug 2023 | £378,310 | £375,000 | 24 ARGYLL STREET |
| 26 Jul 2023 | £136,842 | £135,000 | 59A ARGYLL STREET |
| 21 Jul 2023 | £191,578 | £189,000 | 6 KING ARTHUR CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Apr 2014. Using an estimated price of £277,410 means this house is valued at £3,015 per sq meter (£280 per sq foot).
The average size of a house on ARTHUR STREET is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Arthur Street |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Arthur Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Argyll Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Argyll Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Argyll Place |