£253,229
This estimated value is based upon the latest sale price for the house of £205,000 on 8 Feb 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 |
|---|---|
| £205,000 | 8 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 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 23.527%.Applying this 23.527% change to the original purchase price of £205,000 results in an estimated price of approximately £253,229.
| 8 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £205,000 | £48,229 | £253,229 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -60.377 % | £-123,772 | £81,227 |
| 3 Month Average | 4.579 % | £9,386 | £214,386 |
| 6 Month Average | 6.061 % | £12,424 | £217,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £205,036 | £202,000 | 31 NORTH ROAD |
| 3 Nov 2023 | £233,456 | £230,000 | 7 SCINDE CRESCENT |
| 16 Mar 2023 | £202,912 | £201,000 | 12B CLARENDON ROAD |
| 10 Mar 2023 | £589,554 | £584,000 | 8 PALMERSTON ROAD |
| 29 Jul 2022 | £190,513 | £190,000 | 4 SCINDE CRESCENT |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 May 2018. Using an estimated price of £253,230 means this house is valued at £2,202 per sq meter (£204 per sq foot).
The average size of a house on NORTH ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Scinde Crescent | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scinde Crescent |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Dec 2023 | Drugs | Local resolution | On or near Supermarket |