£281,930
This estimated value is based upon the latest sale price for the house of £227,500 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £227,500 | 6 Jul 2018 |
| £188,000 | 4 Jan 2006 |
| £128,000 | 21 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 961 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 July 2018 the House Price Index for ISLE OF WIGHT was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £227,500 results in an estimated price of approximately £281,930.
| 6 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £227,500 | £54,430 | £281,930 |
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 | 26.285 % | £59,799 | £287,299 |
| 3 Month Average | 25.479 % | £57,965 | £285,465 |
| 6 Month Average | 16.493 % | £37,521 | £265,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £307,692 | £305,000 | 8 OXFORD STREET |
| 6 Apr 2023 | £293,156 | £290,000 | 78 NODES ROAD |
| 5 Aug 2022 | £438,819 | £440,000 | 25 CORONATION AVENUE |
| 24 Jun 2022 | £380,375 | £375,000 | 72 NODES ROAD |
| 25 May 2022 | £341,433 | £335,000 | 96 NODES ROAD |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 17 Feb 2012. Using an estimated price of £281,931 means this house is valued at £3,156 per sq meter (£293 per sq foot).
The average size of a house on NEWPORT ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Street |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Horseshoe Close |
| Feb 2024 | Anti-social behaviour | On or near Nodes Road | |
| Feb 2024 | Anti-social behaviour | On or near Nodes Road |