£203,785
This estimated value is based upon the latest sale price for the house of £126,000 on 2 Mar 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £126,000 | 2 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2007 the House Price Index for ISLE OF WIGHT was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £126,000 results in an estimated price of approximately £203,785.
| 2 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £126,000 | £77,785 | £203,785 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 43.841 % | £55,239 | £181,239 |
| 3 Month Average | 85.647 % | £107,915 | £233,915 |
| 6 Month Average | 58.461 % | £73,661 | £199,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £119,437 | £120,000 | FLAT 11 SPENCER HOUSE, 42 WEST HILL ROAD |
| 18 May 2022 | £234,417 | £230,000 | FLAT 1 SPENCER HOUSE, 42 WEST HILL ROAD |
| 22 Apr 2022 | £169,917 | £165,000 | FLAT 2 WOODSIDE COURT, 36 WEST HILL ROAD |
| 3 Dec 2021 | £241,060 | £225,000 | 56 PARK ROAD |
| 29 Oct 2021 | £107,328 | £97,000 | FLAT 7 ACORN APARTMENTS, 40 WEST HILL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Nov 2014. Using an estimated price of £203,786 means this house is valued at £2,646 per sq meter (£245 per sq foot).
The average size of a house on PARK ROAD is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near West Hill Road | |
| Feb 2024 | Anti-social behaviour | On or near West Hill Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Tree Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Holly Tree Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Tree Close |