£238,789
This estimated value is based upon the latest sale price for the house of £174,000 on 27 Jan 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £174,000 | 27 Jan 2016 |
| £48,950 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2016 the House Price Index for ISLE OF WIGHT was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £174,000 results in an estimated price of approximately £238,789.
| 27 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £174,000 | £64,789 | £238,789 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 53.572 % | £93,214 | £267,214 |
| 3 Month Average | 39.458 % | £68,657 | £242,657 |
| 6 Month Average | 33.034 % | £57,479 | £231,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £435,569 | £430,000 | 53 MOORGREEN ROAD |
| 31 Jul 2023 | £271,656 | £268,000 | 77 BELLEVUE ROAD |
| 20 Mar 2023 | £338,186 | £335,000 | 81 MOORGREEN ROAD |
| 21 Jul 2022 | £245,661 | £245,000 | 4 CORONATION ROAD |
| 15 Jul 2022 | £228,615 | £228,000 | 10 CORONATION ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 15 Oct 2014. Using an estimated price of £238,790 means this house is valued at £2,318 per sq meter (£215 per sq foot).
The average size of a house on CORONATION ROAD is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coronation Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alexandra Road |
| Dec 2023 | Other theft | Under investigation | On or near Moorgreen Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Moorgreen Road |