£288,282
This estimated value is based upon the latest sale price for the house of £225,000 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£225,000 | 23 Jun 2017 |
£180,000 | 16 Feb 2016 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 June 2017 the House Price Index for ISLE OF WIGHT was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £225,000 results in an estimated price of approximately £288,282.
23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £225,000 | £63,282 | £288,282 |
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 | 10.866 % | £24,448 | £249,448 |
3 Month Average | 21.366 % | £48,072 | £273,072 |
6 Month Average | 6.286 % | £14,144 | £239,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £260,862 | £257,000 | 18 VICTORIA ROAD |
16 Nov 2023 | £151,239 | £149,000 | 59 CROSS LANE |
13 Jul 2023 | £248,342 | £245,000 | 12 ST PAULS VIEW ROAD |
17 Dec 2021 | £214,275 | £200,000 | 54 VICTORIA ROAD |
18 Nov 2021 | £183,857 | £170,000 | 27 VICTORIA ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Jul 2015. Using an estimated price of £288,282 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on VICTORIA ROAD is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Feb 2024 | Criminal damage and arson | Local resolution | On or near Howard Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cross Lane |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cross Lane |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cross Lane |