£192,521
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Nov 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£75,000 | 14 Nov 2002 |
Terraced |
Freehold |
Floor Area: 36 sq meters or 387 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 November 2002 the House Price Index for ISLE OF WIGHT was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £75,000 results in an estimated price of approximately £192,521.
14 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 148.6 | 156.695 % | £75,000 | £117,521 | £192,521 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 86.299 % | £64,723 | £139,723 |
3 Month Average | 96.344 % | £72,257 | £147,257 |
6 Month Average | 70.517 % | £52,887 | £127,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £260,862 | £257,000 | 18 VICTORIA ROAD |
16 Nov 2023 | £151,239 | £149,000 | 59 CROSS LANE |
13 Jul 2023 | £248,342 | £245,000 | 12 ST PAULS VIEW ROAD |
18 Nov 2021 | £183,857 | £170,000 | 27 VICTORIA ROAD |
9 Nov 2020 | £280,332 | £241,800 | 10 GORDON ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 27 Feb 2018. Using an estimated price of £192,521 means this house is valued at £5,347 per sq meter (£496 per sq foot).
The average size of a house on VICTORIA ROAD is 70 sq meters (755 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Feb 2024 | Criminal damage and arson | Local resolution | On or near Howard Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gordon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cross Lane |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cross Lane |