3 REDWOOD CLOSE

£480,182

Full Address

3 REDWOOD CLOSE
NEWPORT
NEWPORT
ISLE OF WIGHT
UNITED KINGDOM
PO30 5RT

Estimated Market Value

£480,182

This estimated value is based upon the latest sale price for the house of £149,950 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1

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Transactions for this house
Price PaidDate
£149,95030 Nov 2001
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 November 2001 the House Price Index for ISLE OF WIGHT was 46.4.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.

Applying this 220.228% change to the original purchase price of £149,950 results in an estimated price of approximately £480,182.

30 Nov 2001 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
46.4 148.6 220.228 % £149,950 £330,232 £480,182

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 71.034 % £106,516 £256,466
3 Month Average 131.013 % £196,454 £346,404
6 Month Average 139.763 % £209,574 £359,524
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
10 Mar 2023 £380,081 £376,500 69 MOUNTBATTEN DRIVE
9 Jan 2023 £418,031 £420,000 3 SILVER BIRCH DRIVE
1 Aug 2022 £309,168 £310,000 18 MOUNTBATTEN DRIVE
17 May 2022 £238,494 £234,000 23 MOUNTBATTEN DRIVE
8 Dec 2021 £353,554 £330,000 34 MOUNTBATTEN DRIVE

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Feb 2024 Violence and sexual offences Unable to prosecute suspect On or near Silver Birch Drive
Feb 2024 Other theft Investigation complete; no suspect identified On or near Westmill Road
Feb 2024 Violence and sexual offences Under investigation On or near Juniper Close
Feb 2024 Drugs Local resolution On or near Juniper Close
Jan 2024 Violence and sexual offences Investigation complete; no suspect identified On or near Machin Close

View full details of these crimes and others in this area

Companies Near Here
ROCKET RONNIES (NEWPORT) LIMITED
73 Mountbatten Drive Newport England PO30 5SJ
STEVENSON MEDICAL LTD
1 Silver Birch Drive Newport England PO30 5AG
CENTURY 21 ENERGY LLP
12 MACHIN CLOSE NEWPORT ISLE OF WIGHT PO30 5SQ
DAVIS KNIGHT HOMES LIMITED
19 Westmill Road Newport United Kingdom PO30 5RG
DAVIS KNIGHT RENOVATIONS LIMITED
19 Westmill Road Newport England PO30 5RG

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People Near Here
MR DAVID PAUL JAMES KNIGHT DIRECTOR
19 WESTMILL ROAD, PO30 5RG
MR MICHAEL BRIDGER ENGINEER
2 WARD CLOSE, CARISBROOKE, PO30 5SL
KATHLEEN AUDREY STONE Historic Information RETIRED
26 WESTMILL ROAD, PO30 5RG
Mr Joshua Jordan Peverley
69 Wellington Road, PO30 5PX
MR DAVID WILLIAMS
58 MOUNTBATTEN DRIVE, PO30 5SJ
MRS KERRIE ANNE HARRIS DIRECTOR
56 MOUNTBATTEN DRIVE, PO30 5SJ
Mr Tye Jay Brett
36 Mountbatten Drive, PO30 5SJ
Mrs Karen Jane Sanders Historic Information
Cherrytree House 10a Withybed Close, PO30 5RJ
MR Paul WHEELER Solicitor
6 Acacia Close, PO30 5FQ
Mr Luke Andrew Gardner Historic Information
65 Sylvan Drive, PO30 5EQ
Mr Martin Roger John Sanders Historic Information
Cherrytree House 10a Withybed Close, PO30 5RJ
MR ANTHONY ROBERT FRENCH Historic Information EXECUTIVE OFFICER-CIVIL SERVICE
22 WEST MILL ROAD, PO30 5RG
Mr Michael Quarterman
81 Sylvan Drive , PO30 5EQ
DAVID WILLIAMS Historic Information
58 MOUNTBATTEN DRIVE, CARISBROOKE, PO30 5SJ
MR JONATHAN SHEARS Historic Information FINANCIAL SERVICES
95 SYLVAN DRIVE, PO30 5EQ
MR CRAIG ALAN FORD DIRECTOR
60 MOUNTBATTEN DRIVE, PO30 5SJ
Mr Simon Richard Harris
56 Mountbatten Drive, PO30 5SJ
Mrs Lucie Prince Historic Information
10 Machin Close, PO30 5SQ
MR RUSSELL JOHN NEWNHAM SALES CONSULTANT
1 WITHYBED CLOSE, CARRISBROOKE, PO30 5RJ
MR JORDAN SMITH COMPANY DIRECTOR
4 MOUNTBATTEN DRIVE, PO30 5RL
MR Mark Richard BASS Mortgage Adviser
89 Sylvan Drive, PO30 5EQ
Byron Ford Ltd
60 Mountbatten Drive , PO30 5SJ
Miss Kayleigh Jayne Harwood Historic Information
71 Wellington Road, PO30 5PX
MR THOMAS IAN MORRIS COMPANY DIRECTOR
2 MACHIN CLOSE, PO30 5SQ
Mr Paul Butcher
8 Withybed Close, PO30 5RJ
MRS JENNIFER SIMMONS Historic Information SALES MANAGER
83 SYLVAN DRIVE, PO30 5EQ
Mr Kevin Andrew Harwood
80 Wellington Road, PO30 5PX
Mr Andrew Brian Crabb
69 Wellington Road, PO30 5PX
ROSEMARY ANNE AGER Historic Information PERSONAL ASSISTANT
20 MARLBOROUGH ROAD, PO30 5RQ
Mrs Alison Quarterman
81 Sylvan Drive , PO30 5EQ
MR JOHN PATRICK CHAPE RETIRED
52 WESTMILL ROAD, PO30 5RR

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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