£1,823,090
This estimated value is based upon the latest sale price for the house of £1,430,000 on 4 Jul 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£1,430,000 | 4 Jul 2017 |
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 2017 the House Price Index for ISLE OF WIGHT was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £1,430,000 results in an estimated price of approximately £1,823,090.
4 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £1,430,000 | £393,090 | £1,823,090 |
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 | 6.275 % | £89,728 | £1,519,728 |
3 Month Average | 19.326 % | £276,358 | £1,706,358 |
6 Month Average | 7.963 % | £113,863 | £1,543,863 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £238,531 | £235,000 | 114A PYLE STREET |
17 Mar 2023 | £53,504 | £53,000 | FLAT 8 SAVOY COURT TOWN LANE |
24 Feb 2023 | £52,964 | £53,000 | FLAT 25 SAVOY COURT TOWN LANE |
1 Sep 2022 | £51,583 | £52,000 | FLAT 3 SAVOY COURT TOWN LANE |
16 Aug 2022 | £49,367 | £49,500 | FLAT 18 SAVOY COURT TOWN LANE |