£678,974
This estimated value is based upon the latest sale price for the house of £121,000 on 3 May 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£121,000 | 3 May 1996 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 May 1996 the House Price Index for ISLE OF WIGHT was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £121,000 results in an estimated price of approximately £678,974.
3 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 461.136 % | £121,000 | £557,974 | £678,974 |
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 | 397.605 % | £481,102 | £602,102 |
3 Month Average | 423.361 % | £512,267 | £633,267 |
6 Month Average | 350.204 % | £423,746 | £544,746 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £202,500 | £202,500 | 178 GUNVILLE ROAD |
11 Aug 2022 | £364,020 | £365,000 | 36 ASH LANE |
20 Jul 2022 | £391,053 | £390,000 | 28 ASH LANE |
10 Jun 2022 | £223,154 | £220,000 | 10 ASH LANE |
1 Jun 2022 | £218,082 | £215,000 | 53 ASH LANE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 7 Jan 2013. Using an estimated price of £678,974 means this house is valued at £4,466 per sq meter (£414 per sq foot).
The average size of a house on GUNVILLE ROAD is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Park Close | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Park Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ash Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Ash Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Lane |