£299,504
This estimated value is based upon the latest sale price for the house of £190,000 on 3 Jul 2007. 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 | 3 Jul 2007 |
£145,000 | 16 Dec 2002 |
£42,000 | 13 Jul 1998 |
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 July 2007 the House Price Index for ISLE OF WIGHT was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £190,000 results in an estimated price of approximately £299,504.
3 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £190,000 | £109,504 | £299,504 |
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 | 37.721 % | £71,669 | £261,669 |
3 Month Average | 27.689 % | £52,608 | £242,608 |
6 Month Average | 31.822 % | £60,462 | £250,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £208,081 | £205,000 | FLAT 4 BROOKLYN HOUSE, 48 NEWPORT ROAD |
30 Nov 2023 | £314,658 | £310,000 | 59 NEWPORT ROAD |
28 Sep 2023 | £222,849 | £220,000 | 1 LAUREL ESTATE |
18 Aug 2023 | £337,957 | £335,000 | 39 STEPHENSON ROAD |
3 Jul 2023 | £356,295 | £351,500 | 18 STEPHENSON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Smithards Lane |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Smithards Lane |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Uffa Fox Place |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Arnold Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arnold Road |