£439,215
This estimated value is based upon the latest sale price for the house of £431,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £431,000 | 28 Apr 2023 |
| £405,000 | 21 Feb 2022 |
| £330,000 | 28 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2023 the House Price Index for ISLE OF WIGHT was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £431,000 results in an estimated price of approximately £439,215.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £431,000 | £8,215 | £439,215 |
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 | -1.739 % | £-7,493 | £423,506 |
| 3 Month Average | -4.959 % | £-21,373 | £409,626 |
| 6 Month Average | -4.854 % | £-20,918 | £410,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £127,673 | £123,750 | FLAT 8 40 ALEXANDRA ROAD |
| 5 Dec 2023 | £105,749 | £102,500 | FLAT 3 ELM COURT GREAT PRESTON ROAD |
| 4 Dec 2023 | £330,145 | £320,000 | 5 THE FIRS |
| 4 Aug 2023 | £156,829 | £154,000 | FLAT 3 FLORENCE VIEW COURT, 38 ALEXANDRA ROAD |
| 28 Apr 2023 | £439,215 | £431,000 | 2 GASSIOT GREEN ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 29 Jan 2018. Using an estimated price of £439,215 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on GASSIOT GREEN ROAD is 179 sq meters (1,930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Highland Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sadlers Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sadlers Close |
| Apr 2024 | Anti-social behaviour | On or near Elm Close | |
| Apr 2024 | Anti-social behaviour | On or near Elm Close |