£327,098
This estimated value is based upon the latest sale price for the house of £285,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £285,000 | 11 Dec 2020 |
| £105,000 | 5 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 December 2020 the House Price Index for ISLE OF WIGHT was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £285,000 results in an estimated price of approximately £327,098.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £285,000 | £42,098 | £327,098 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -67.846 % | £-193,362 | £91,637 |
| 3 Month Average | -25.668 % | £-73,154 | £211,845 |
| 6 Month Average | -6.837 % | £-19,485 | £265,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £344,638 | £340,000 | 49 DOWNLAND VIEW |
| 15 Nov 2022 | £419,914 | £425,000 | 7 SCOTCHELLS CLOSE |
| 7 Nov 2022 | £328,027 | £332,000 | 19 ANDERRI WAY |
| 22 Apr 2022 | £337,259 | £327,500 | FRADLEY WHITECROSS FARM LANE |
| 14 Feb 2022 | £272,661 | £260,000 | 5 SCOTCHELLS CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 10 Aug 2020. Using an estimated price of £327,098 means this house is valued at £3,145 per sq meter (£292 per sq foot).
The average size of a house on DOWNLAND VIEW is 77 sq meters (835 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Lark Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lark Rise |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lark Rise |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Cedar Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Close |