£156,474
This estimated value is based upon the latest sale price for the house of £155,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Hearn Street
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Price Paid | Date |
---|---|
£155,000 | 31 Mar 2023 |
£85,000 | 20 Aug 2003 |
£79,950 | 10 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 March 2023 the House Price Index for ISLE OF WIGHT was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £155,000 results in an estimated price of approximately £156,474.
31 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £155,000 | £1,474 | £156,474 |
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 | -32.832 % | £-50,889 | £104,110 |
3 Month Average | -7.215 % | £-11,183 | £143,816 |
6 Month Average | -17.956 % | £-27,831 | £127,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £124,086 | £123,000 | 42 MEDINA COURT OLD WESTMINSTER LANE |
9 Aug 2023 | £131,147 | £130,000 | 11 MEDINA COURT OLD WESTMINSTER LANE |
7 Jul 2023 | £152,046 | £150,000 | 36 HEARN STREET |
30 Jun 2023 | £121,471 | £120,000 | 10 MEDINA COURT OLD WESTMINSTER LANE |
31 Mar 2023 | £156,474 | £155,000 | 34B HEARN STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Sep 2018. Using an estimated price of £156,474 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on HEARN STREET is 86 sq meters (929 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Hearn Street |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hearn Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Street |