£280,056
This estimated value is based upon the latest sale price for the house of £167,000 on 3 Nov 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £167,000 | 3 Nov 2006 |
| £125,000 | 2 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2006 the House Price Index for ISLE OF WIGHT was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £167,000 results in an estimated price of approximately £280,056.
| 3 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £167,000 | £113,056 | £280,056 |
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 | 47.599 % | £79,490 | £246,490 |
| 3 Month Average | 81.021 % | £135,304 | £302,304 |
| 6 Month Average | 56.134 % | £93,743 | £260,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £282,471 | £280,000 | 12A WATERLOO CRESCENT |
| 21 Aug 2023 | £262,295 | £260,000 | 22 HAMILTON ROAD |
| 10 Jun 2022 | £319,515 | £315,000 | 30 HAMILTON ROAD |
| 7 Jan 2022 | £336,771 | £320,000 | 13 HAMILTON ROAD |
| 24 Sep 2021 | £258,622 | £240,000 | 72 WELLINGTON ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Mar 2020. Using an estimated price of £280,056 means this house is valued at £4,828 per sq meter (£448 per sq foot).
The average size of a house on HAMILTON ROAD is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Solent Gardens |
| Jan 2024 | Anti-social behaviour | On or near Solent Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Solent Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Solent Gardens | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Waterloo Crescent |