£458,676
This estimated value is based upon the latest sale price for the house of £268,000 on 3 Dec 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £268,000 | 3 Dec 2010 |
| £220,000 | 22 Jun 2007 |
| £52,500 | 15 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,067 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 2010 the House Price Index for ISLE OF WIGHT was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £268,000 results in an estimated price of approximately £458,676.
| 3 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £268,000 | £190,676 | £458,676 |
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 | 41.512 % | £111,253 | £379,253 |
| 3 Month Average | 38.311 % | £102,673 | £370,673 |
| 6 Month Average | 37.883 % | £101,526 | £369,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £420,000 | £420,000 | 23 ALBERT ROAD |
| 30 Nov 2023 | £390,786 | £385,000 | 34 ALBERT ROAD |
| 20 Sep 2023 | £435,569 | £430,000 | 46 CHURCH ROAD |
| 11 Jul 2023 | £263,547 | £260,000 | 4 ALBERT ROAD |
| 17 Apr 2023 | £277,993 | £275,000 | 39 ALBERT ROAD |
This house has a floor area of 99 sq meters or 1,067 sq feet when measured on 20 Sep 2010. Using an estimated price of £458,677 means this house is valued at £4,622 per sq meter (£429 per sq foot).
The average size of a house on LOWER CHURCH ROAD is 156 sq meters (1,684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Solent View Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Solent View Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Solent View Road |