£368,132
This estimated value is based upon the latest sale price for the house of £345,000 on 8 Dec 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £345,000 | 8 Dec 2021 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 December 2021 the House Price Index for ISLE OF WIGHT was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £345,000 results in an estimated price of approximately £368,132.
| 8 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £345,000 | £23,132 | £368,132 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | -38.166 % | £-131,671 | £213,328 |
| 3 Month Average | 5.387 % | £18,586 | £363,586 |
| 6 Month Average | 9.077 % | £31,314 | £376,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £241,962 | £240,000 | 12 ALDERBURY ROAD |
| 27 Mar 2023 | £392,120 | £390,000 | 24 ALDERBURY ROAD |
| 17 Mar 2023 | £226,223 | £225,000 | 133 CARISBROOKE ROAD |
| 23 Aug 2022 | £208,591 | £210,000 | 127 CARISBROOKE ROAD |
| 20 May 2022 | £245,652 | £242,000 | 49 CASTLE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 18 May 2021. Using an estimated price of £368,133 means this house is valued at £3,795 per sq meter (£352 per sq foot).
The average size of a house on WILVER ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Recreation Ground Road |
| Jan 2024 | Drugs | Local resolution | On or near Recreation Ground Road |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Sunningdale Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Carisbrooke Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Carisbrooke Road |