£264,821
This estimated value is based upon the latest sale price for the house of £265,000 on 14 Feb 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 |
|---|---|
| £265,000 | 14 Feb 2023 |
| Leasehold |
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 February 2023 the House Price Index for ISLE OF WIGHT was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £265,000 results in an estimated price of approximately £264,821.
| 14 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £265,000 | £-178 | £264,821 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | 137.770 % | £365,090 | £630,090 |
| 3 Month Average | 49.329 % | £130,721 | £395,721 |
| 6 Month Average | 28.827 % | £76,392 | £341,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £1,213,061 | £1,200,000 | THE OLD CHURCH ST JAMES STREET |
| 14 Apr 2023 | £374,027 | £370,000 | BANK HOUSE THE SQUARE |
| 14 Feb 2023 | £264,822 | £265,000 | 2 QUAY STREET |
| 16 Sep 2022 | £380,874 | £383,950 | 2 OLD BAKERY MEWS |
| 8 Aug 2022 | £228,385 | £229,000 | FLAT 7 EREMUE COURT BRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quay Street |
| Apr 2024 | Anti-social behaviour | On or near Ferry Terminal | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Ferry Terminal |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near St James' Street |