£281,664
This estimated value is based upon the latest sale price for the house of £177,500 on 17 Apr 2008. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £177,500 | 17 Apr 2008 |
| Semi-Detached |
| Freehold |
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 April 2008 the House Price Index for ISLE OF WIGHT was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £177,500 results in an estimated price of approximately £281,664.
| 17 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £177,500 | £104,164 | £281,664 |
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 | 42.944 % | £76,226 | £253,726 |
| 3 Month Average | 41.883 % | £74,341 | £251,841 |
| 6 Month Average | 33.977 % | £60,309 | £237,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £353,089 | £350,000 | 288 NEWPORT ROAD |
| 7 Aug 2023 | £438,839 | £435,000 | SPENCERS MEAD THREE GATES ROAD |
| 6 Apr 2023 | £293,156 | £290,000 | 78 NODES ROAD |
| 1 Aug 2022 | £386,958 | £388,000 | 286 NEWPORT ROAD |
| 27 Jul 2022 | £345,931 | £345,000 | 5 ROGERSON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Newport Road | |
| Dec 2023 | Anti-social behaviour | On or near Newport Road | |
| Dec 2023 | Anti-social behaviour | On or near Newport Road | |
| Dec 2023 | Anti-social behaviour | On or near Newport Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Newport Road |