£279,630
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Jul 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £210,000 | 25 Jul 2016 |
| £189,000 | 6 Dec 2010 |
| £77,000 | 25 May 2000 |
| £66,500 | 27 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,013 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 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £210,000 results in an estimated price of approximately £279,630.
| 25 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £210,000 | £69,630 | £279,630 |
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 | 9.197 % | £19,314 | £229,314 |
| 3 Month Average | 42.736 % | £89,745 | £299,745 |
| 6 Month Average | 40.366 % | £84,769 | £294,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £232,979 | £230,000 | 34 SOMERSET ROAD |
| 21 Apr 2023 | £283,048 | £280,000 | 27 ARUNDEL ROAD |
| 24 Mar 2023 | £126,189 | £125,000 | FLAT 9 ROYSTON, 33 HIGH PARK ROAD |
| 7 Feb 2023 | £324,781 | £325,000 | 1 BANBURY CLOSE |
| 19 May 2022 | £275,134 | £269,950 | 38 SOMERSET ROAD |
This house has a floor area of 94 sq meters or 1,013 sq feet when measured on 9 Sep 2010. Using an estimated price of £279,631 means this house is valued at £2,971 per sq meter (£276 per sq foot).
The average size of a house on SOMERSET ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Banbury Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marlborough Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |