£223,194
This estimated value is based upon the latest sale price for the house of £134,975 on 28 Aug 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £134,975 | 28 Aug 2013 |
| £89,950 | 1 Aug 2000 |
| £57,500 | 27 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 August 2013 the House Price Index for ISLE OF WIGHT was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £134,975 results in an estimated price of approximately £223,194.
| 28 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £134,975 | £88,219 | £223,194 |
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 | 39.797 % | £53,716 | £188,691 |
| 3 Month Average | 47.245 % | £63,768 | £198,743 |
| 6 Month Average | 28.660 % | £38,683 | £173,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £151,324 | £150,000 | 7 HEATH CLOSE |
| 4 Jan 2023 | £199,062 | £200,000 | 42 CLARENCE ROAD |
| 6 May 2022 | £229,321 | £225,000 | 2 YORK ROAD |
| 5 Apr 2022 | £236,854 | £230,000 | 62A MEDINA AVENUE |
| 11 Mar 2022 | £238,340 | £230,000 | 49 CLARENCE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 5 Sep 2012. Using an estimated price of £223,195 means this house is valued at £1,940 per sq meter (£180 per sq foot).
The average size of a house on MEDINA AVENUE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |