£496,523
This estimated value is based upon the latest sale price for the house of £299,950 on 15 Dec 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £299,950 | 15 Dec 2006 |
| £268,000 | 22 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,432 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 December 2006 the House Price Index for ISLE OF WIGHT was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £299,950 results in an estimated price of approximately £496,523.
| 15 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £299,950 | £196,573 | £496,523 |
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 | 49.005 % | £146,989 | £446,939 |
| 3 Month Average | 86.112 % | £258,291 | £558,241 |
| 6 Month Average | 56.428 % | £169,255 | £469,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £182,331 | £180,000 | 2 KING ARTHUR CLOSE |
| 4 Sep 2023 | £278,562 | £275,000 | 24 ARTHUR STREET |
| 21 Jul 2023 | £191,578 | £189,000 | 6 KING ARTHUR CLOSE |
| 26 Jun 2023 | £336,577 | £332,500 | 125 ARTHUR STREET |
| 25 Nov 2022 | £330,991 | £335,000 | 113 ARTHUR STREET |
This house has a floor area of 133 sq meters or 1,432 sq feet when measured on 26 Aug 2011. Using an estimated price of £496,524 means this house is valued at £3,729 per sq meter (£346 per sq foot).
The average size of a house on KING GEORGE V CLOSE is 155 sq meters (1,677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Pellhurst Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adelaide Place |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Adelaide Place |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Adelaide Place |
| Feb 2024 | Drugs | Local resolution | On or near Arthur Street |