£843,689
This estimated value is based upon the latest sale price for the house of £490,000 on 6 Mar 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £490,000 | 6 Mar 2012 |
| £485,000 | 1 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 169 sq meters or 1,820 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 March 2012 the House Price Index for ISLE OF WIGHT was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £490,000 results in an estimated price of approximately £843,689.
| 6 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £490,000 | £353,689 | £843,689 |
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 | 84.029 % | £411,744 | £901,744 |
| 3 Month Average | 51.617 % | £252,922 | £742,922 |
| 6 Month Average | 34.528 % | £169,187 | £659,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £495,932 | £485,000 | 5 CLIFF ROAD |
| 7 Aug 2023 | £585,561 | £575,000 | FLAT 4 EGYPT REACH, 33 BARING ROAD |
| 27 Jun 2023 | £1,326,585 | £1,300,000 | 2A CLIFF ROAD |
| 1 Jul 2022 | £439,403 | £435,000 | FLAT 5 MELCOMBE HOUSE, 53 QUEENS ROAD |
| 20 May 2022 | £154,012 | £150,000 | FLAT 3 THORNESS HOUSE, 6 CLIFF ROAD |
This house has a floor area of 169 sq meters or 1,820 sq feet when measured on 18 May 2010. Using an estimated price of £843,690 means this house is valued at £4,989 per sq meter (£463 per sq foot).
The average size of a house on CLIFF ROAD is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marine View Close |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Baring Drive |
| May 2024 | Public order | Unable to prosecute suspect | On or near Stanhope Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Egypt Copse |
| Jul 2024 | Possession of weapons | Formal action is not in the public interest | On or near Egypt Copse |