£214,819
This estimated value is based upon the latest sale price for the house of £48,500 on 21 May 1999. 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
More crime details
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Price Paid | Date |
---|---|
£48,500 | 21 May 1999 |
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 May 1999 the House Price Index for ISLE OF WIGHT was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £48,500 results in an estimated price of approximately £214,819.
21 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 148.6 | 342.927 % | £48,500 | £166,319 | £214,819 |
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 | 301.270 % | £146,115 | £194,615 |
3 Month Average | 312.968 % | £151,789 | £200,289 |
6 Month Average | 257.860 % | £125,062 | £173,562 |
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 |
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 |