£409,185
This estimated value is based upon the latest sale price for the house of £145,000 on 21 Jun 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Albert Street
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £145,000 | 21 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 June 2002 the House Price Index for ISLE OF WIGHT was 52.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 182.197%.Applying this 182.197% change to the original purchase price of £145,000 results in an estimated price of approximately £409,185.
| 21 Jun 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 146.7 | 182.197 % | £145,000 | £264,185 | £409,185 |
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 | 84.667 % | £122,767 | £267,767 |
| 3 Month Average | 126.226 % | £183,027 | £328,027 |
| 6 Month Average | 111.238 % | £161,294 | £306,294 |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 6 Dec 2019.
The average size of a house on DRAKE ROAD is 90 sq meters (978 sq feet).
This house is the largest in the street with a floor area of 185 sq meters (1,991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Albert Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Albert Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Albert Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bignor Place |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Bignor Place |