£506,039
This estimated value is based upon the latest sale price for the house of £295,000 on 21 Jan 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £295,000 | 21 Jan 2011 |
| £242,000 | 11 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,122 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 January 2011 the House Price Index for ISLE OF WIGHT was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £295,000 results in an estimated price of approximately £506,039.
| 21 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £295,000 | £211,039 | £506,039 |
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 | 56.131 % | £165,587 | £460,587 |
| 3 Month Average | 96.932 % | £285,948 | £580,948 |
| 6 Month Average | 63.360 % | £186,910 | £481,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £258,303 | £255,000 | 1 AMHERST MEWS |
| 6 Jan 2023 | £168,656 | £169,450 | 65 AMHERST PLACE |
| 22 Aug 2022 | £214,423 | £215,000 | 46 MARLBOROUGH ROAD |
| 18 Feb 2022 | £293,634 | £280,000 | 44 MARLBOROUGH ROAD |
| 28 Oct 2021 | £132,777 | £120,000 | 33 AMHERST PLACE |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 6 Dec 2010. Using an estimated price of £506,039 means this house is valued at £4,850 per sq meter (£450 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amherst Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amherst Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amherst Place |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Amherst Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Amherst Place |