£281,791
This estimated value is based upon the latest sale price for the house of £50,000 on 19 Feb 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £50,000 | 19 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 1996 the House Price Index for ISLE OF WIGHT was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £50,000 results in an estimated price of approximately £281,791.
| 19 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £50,000 | £231,791 | £281,791 |
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 | 385.736 % | £192,867 | £242,867 |
| 3 Month Average | 570.082 % | £285,040 | £335,040 |
| 6 Month Average | 492.217 % | £246,108 | £296,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £187,780 | £185,000 | 42 UPTON ROAD |
| 17 Feb 2023 | £229,845 | £230,000 | 34 UPTON ROAD |
| 10 Feb 2023 | £1,099,260 | £1,100,000 | MONTPELLIER HOUSE PLAYSTREET LANE |
| 1 Aug 2022 | £273,264 | £274,000 | 30 POUND MEAD |
| 1 Feb 2022 | £1,337,085 | £1,275,000 | SOLENT HOUSE PLAYSTREET LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Jun 2016. Using an estimated price of £281,792 means this house is valued at £3,808 per sq meter (£353 per sq foot).
The average size of a house on POUND MEAD is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Mead |
| Dec 2023 | Anti-social behaviour | On or near Pound Mead | |
| Dec 2023 | Anti-social behaviour | On or near Pound Mead | |
| Dec 2023 | Anti-social behaviour | On or near Pound Mead | |
| Dec 2023 | Anti-social behaviour | On or near Pound Mead |