£199,115
This estimated value is based upon the latest sale price for the house of £133,000 on 13 Oct 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £133,000 | 13 Oct 2014 |
| £130,000 | 6 Sep 2011 |
| £125,000 | 2 Feb 2005 |
| £57,000 | 20 Apr 2000 |
| Flats/Maisonettes |
| 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 October 2014 the House Price Index for ISLE OF WIGHT was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £133,000 results in an estimated price of approximately £199,115.
| 13 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £133,000 | £66,115 | £199,115 |
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 | 39.453 % | £52,472 | £185,472 |
| 3 Month Average | 80.785 % | £107,443 | £240,443 |
| 6 Month Average | 58.231 % | £77,446 | £210,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £276,000 | £276,000 | 24 ST MICHAELS AVENUE |
| 8 Dec 2023 | £249,363 | £245,000 | 16 UPTON ROAD |
| 7 Jul 2023 | £101,364 | £100,000 | 15 WILLIAM STREET |
| 7 Jul 2023 | £258,479 | £255,000 | 3 ST MICHAELS MEWS, 30 ST MICHAELS AVENUE |
| 4 Jul 2023 | £243,274 | £240,000 | 37 ST MICHAELS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near William Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near William Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near William Street |
| Mar 2024 | Other crime | Under investigation | On or near Haines Close |
| Dec 2023 | Anti-social behaviour | On or near Haines Close |