£253,583
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Jun 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 10 Jun 2022 |
| £149,000 | 1 May 2014 |
| £55,000 | 23 Jul 1999 |
| £43,000 | 25 Jan 1996 |
| 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 June 2022 the House Price Index for ISLE OF WIGHT was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £250,000 results in an estimated price of approximately £253,583.
| 10 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £250,000 | £3,583 | £253,583 |
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 | -18.527 % | £-46,317 | £203,682 |
| 3 Month Average | -5.788 % | £-14,470 | £235,529 |
| 6 Month Average | -7.452 % | £-18,630 | £231,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £258,832 | £255,000 | 20 CROSS STREET |
| 9 Jun 2023 | £192,330 | £190,000 | 28 ST MARYS ROAD |
| 9 Jun 2023 | £204,477 | £202,000 | 10 MIDDLETON TERRACE |
| 24 Feb 2023 | £223,849 | £224,000 | 4 ST MARYS ROAD |
| 7 Feb 2023 | £224,849 | £225,000 | 10 ST MARYS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Cross Street |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Cross Street |
| Mar 2024 | Public order | Under investigation | On or near The Cut |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shooters Hill |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shooters Hill |