£296,628
This estimated value is based upon the latest sale price for the house of £133,000 on 3 Oct 2003. 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 | 3 Oct 2003 |
£63,500 | 20 Dec 1999 |
£34,000 | 9 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 October 2003 the House Price Index for ISLE OF WIGHT was 66.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 123.029%.Applying this 123.029% change to the original purchase price of £133,000 results in an estimated price of approximately £296,628.
3 Oct 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 148.0 | 123.029 % | £133,000 | £163,628 | £296,628 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 74.033 % | £98,463 | £231,463 |
3 Month Average | 72.796 % | £96,818 | £229,818 |
6 Month Average | 112.072 % | £149,055 | £282,055 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £234,435 | £230,000 | 70 NEWPORT ROAD |
31 Aug 2023 | £221,346 | £220,000 | 1 CORNWALL ROAD |
24 Mar 2023 | £236,277 | £235,000 | 3 SOUTH VIEW NEWPORT ROAD |
9 Jan 2023 | £158,607 | £160,000 | 2 LOWTHERVILLE ROAD |
29 Jul 2022 | £379,487 | £380,000 | 2A LITTLETON CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Nov 2009. Using an estimated price of £296,629 means this house is valued at £2,720 per sq meter (£252 per sq foot).
The average size of a house on NEWPORT ROAD is 94 sq meters (1,017 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Cornwall Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cornwall Road |
Feb 2024 | Public order | Under investigation | On or near Cornwall Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornwall Road |
Jan 2024 | Shoplifting | Awaiting court outcome | On or near Cornwall Road |