£152,095
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Sep 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £120,000 | 19 Sep 2017 |
| £25,000 | 30 Jun 1997 |
| £20,000 | 30 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 September 2017 the House Price Index for ISLE OF WIGHT was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £120,000 results in an estimated price of approximately £152,095.
| 19 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £120,000 | £32,095 | £152,095 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 38.206 % | £45,847 | £165,847 |
| 3 Month Average | 77.144 % | £92,572 | £212,572 |
| 6 Month Average | 51.339 % | £61,607 | £181,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £95,838 | £95,000 | FLAT 3 STRAWBERRY HEIGHTS, 17A UNION ROAD |
| 9 Aug 2023 | £146,280 | £145,000 | 9 SHAPLANDS MEWS, 35 UNION ROAD |
| 25 Jul 2023 | £168,265 | £166,000 | 7 UNION ROAD |
| 10 Jul 2023 | £109,473 | £108,000 | FLAT 4 NEWLANDS COURT, 40 GEORGE STREET |
| 17 Feb 2023 | £189,872 | £190,000 | 15 UNION ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Oct 2014. Using an estimated price of £152,096 means this house is valued at £2,414 per sq meter (£224 per sq foot).
The average size of a house on UNION ROAD is 58 sq meters (627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Union Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Union Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Road |