£421,427
This estimated value is based upon the latest sale price for the house of £327,500 on 17 May 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £327,500 | 17 May 2017 |
| £113,000 | 18 Sep 2000 |
| £107,500 | 19 May 2000 |
| £69,950 | 19 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 May 2017 the House Price Index for ISLE OF WIGHT was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £327,500 results in an estimated price of approximately £421,427.
| 17 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £327,500 | £93,927 | £421,427 |
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 | 16.565 % | £54,248 | £381,748 |
| 3 Month Average | 83.572 % | £273,698 | £601,198 |
| 6 Month Average | 48.660 % | £159,360 | £486,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £326,900 | £322,500 | 32 ADELAIDE PLACE |
| 22 Mar 2023 | £393,709 | £390,000 | 17 SOVEREIGN WAY |
| 17 Jan 2023 | £323,476 | £325,000 | 21 ADELAIDE PLACE |
| 30 Jun 2021 | £305,783 | £285,000 | 11 ADELAIDE PLACE |
| 7 Jun 2021 | £359,430 | £335,000 | 5 RATCLIFFE AVENUE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 19 May 2012. Using an estimated price of £421,428 means this house is valued at £2,194 per sq meter (£203 per sq foot).
The average size of a house on ADELAIDE PLACE is 117 sq meters (1,270 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Adelaide Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adelaide Place |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Adelaide Place |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Nursery Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nursery Gardens |