£525,197
This estimated value is based upon the latest sale price for the house of £510,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £510,000 | 8 Apr 2022 |
| £287,500 | 17 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 April 2022 the House Price Index for ISLE OF WIGHT was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £510,000 results in an estimated price of approximately £525,197.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £510,000 | £15,197 | £525,197 |
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 | -56.124 % | £-286,234 | £223,765 |
| 3 Month Average | -30.164 % | £-153,838 | £356,161 |
| 6 Month Average | -13.344 % | £-68,053 | £441,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2022 | £473,725 | £475,000 | 1 CLARENCE GARDENS |
| 16 May 2022 | £402,586 | £395,000 | 9 NORTHCLIFF GARDENS |
| 13 Apr 2022 | £298,642 | £290,000 | 11 ST MARTINS AVENUE |
| 8 Apr 2022 | £525,198 | £510,000 | 19 CLARENCE GARDENS |
| 25 Mar 2022 | £492,225 | £475,000 | 18 CLARENCE GARDENS |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 22 Nov 2021. Using an estimated price of £525,198 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on CLARENCE GARDENS is 143 sq meters (1,542 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near St Boniface Cliff Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Boniface Cliff Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Boniface Cliff Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Northcliff Gardens |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Northcliff Gardens |