£459,222
This estimated value is based upon the latest sale price for the house of £290,000 on 19 Feb 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 19 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2014 the House Price Index for ISLE OF WIGHT was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £290,000 results in an estimated price of approximately £459,222.
| 19 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £290,000 | £169,222 | £459,222 |
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 | 53.671 % | £155,645 | £445,645 |
| 3 Month Average | 41.297 % | £119,761 | £409,761 |
| 6 Month Average | 37.726 % | £109,405 | £399,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £534,349 | £525,000 | 44 WOODVALE ROAD |
| 19 Jul 2023 | £1,115,007 | £1,100,000 | THE WOODVALE, 1 PRINCES ESPLANADE |
| 10 Feb 2023 | £969,348 | £970,000 | EBISU SOLENT SHORES |
| 18 Nov 2022 | £237,128 | £240,000 | PRIMROSE COTTAGES, 16 PRINCES ESPLANADE |
| 1 Apr 2022 | £386,175 | £375,000 | WOODVALE LODGE, 7 WOODVALE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Nov 2013. Using an estimated price of £459,222 means this house is valued at £5,102 per sq meter (£474 per sq foot).
The average size of a house on GURNARD HEIGHTS is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Woodvale Close |
| Mar 2024 | Burglary | Under investigation | On or near Woodvale Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shore Road |
| 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 |