£203,464
This estimated value is based upon the latest sale price for the house of £201,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £201,000 | 16 Jun 2023 |
| £132,000 | 10 Sep 2004 |
| £69,000 | 11 Apr 2001 |
| £50,000 | 7 May 1999 |
| Terraced |
| 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 June 2023 the House Price Index for ISLE OF WIGHT was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £201,000 results in an estimated price of approximately £203,464.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £201,000 | £2,464 | £203,464 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 20.361 % | £40,926 | £241,926 |
| 3 Month Average | 28.285 % | £56,852 | £257,852 |
| 6 Month Average | 8.511 % | £17,107 | £218,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £203,465 | £201,000 | 3 BAILEY CLOSE |
| 2 Jun 2023 | £217,636 | £215,000 | 9 RIBOLEAU STREET |
| 1 Mar 2023 | £338,186 | £335,000 | 7 PARK CLOSE |
| 24 Jun 2022 | £192,724 | £190,000 | 9 BENETT STREET |
| 12 May 2022 | £174,284 | £171,000 | 52B ST JOHNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Park Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Park Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Close |
| Jan 2024 | Anti-social behaviour | On or near Park Close | |
| Jan 2024 | Anti-social behaviour | On or near Park Close |