£203,561
This estimated value is based upon the latest sale price for the house of £190,000 on 22 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 |
|---|---|
| £190,000 | 22 Dec 2021 |
| £155,000 | 24 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £190,000 results in an estimated price of approximately £203,561.
| 22 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £190,000 | £13,561 | £203,561 |
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 | -16.910 % | £-32,129 | £157,870 |
| 3 Month Average | 11.537 % | £21,921 | £211,921 |
| 6 Month Average | 1.810 % | £3,438 | £193,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £281,163 | £277,000 | 40 KESTREL WAY |
| 9 Sep 2022 | £322,397 | £325,000 | 14 GOLDCREST CLOSE |
| 2 Feb 2022 | £204,495 | £195,000 | 8 GREENFINCH CLOSE |
| 22 Dec 2021 | £203,562 | £190,000 | 3 GREENFINCH CLOSE |
| 16 Dec 2021 | £273,201 | £255,000 | 15 KESTREL WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Jun 2020. Using an estimated price of £203,562 means this house is valued at £3,509 per sq meter (£326 per sq foot).
The average size of a house on GREENFINCH CLOSE is 76 sq meters (827 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kestrel Way |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gunville Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunville Crescent |