£309,377
This estimated value is based upon the latest sale price for the house of £162,000 on 24 Sep 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £162,000 | 24 Sep 2004 |
| £72,000 | 29 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 September 2004 the House Price Index for ISLE OF WIGHT was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £162,000 results in an estimated price of approximately £309,377.
| 24 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £162,000 | £147,377 | £309,377 |
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 | -49.876 % | £-80,799 | £81,200 |
| 3 Month Average | 12.665 % | £20,517 | £182,517 |
| 6 Month Average | 29.794 % | £48,266 | £210,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £598,866 | £590,000 | CEDARWOOD HOWARD ROAD |
| 31 Mar 2023 | £333,139 | £330,000 | 7 OLD SCHOOL MEWS |
| 22 Jun 2022 | £213,010 | £210,000 | 4 CRAIGMORE COURT HOWARD ROAD |
| 6 May 2022 | £224,225 | £220,000 | 27 CRAIGMORE COURT HOWARD ROAD |
| 15 Mar 2022 | £321,241 | £310,000 | 11 OLD SCHOOL MEWS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 May 2014. Using an estimated price of £309,377 means this house is valued at £4,296 per sq meter (£399 per sq foot).
The average size of a house on CRAIGMORE COURT is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Littlestairs Road |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Littlestairs Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wilton Road |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Northcliff Gardens |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Northcliff Gardens |