£374,245
This estimated value is based upon the latest sale price for the house of £260,000 on 23 Jul 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £260,000 | 23 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2015 the House Price Index for ISLE OF WIGHT was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £260,000 results in an estimated price of approximately £374,245.
| 23 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £260,000 | £114,245 | £374,245 |
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 | 8.979 % | £23,344 | £283,344 |
| 3 Month Average | 62.069 % | £161,379 | £421,379 |
| 6 Month Average | 50.089 % | £130,230 | £390,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £170,176 | £168,000 | FLAT 4 STONEPITTS HOUSE STONEPITTS CLOSE |
| 1 Aug 2023 | £206,809 | £205,000 | 77 BINSTEAD ROAD |
| 12 Jun 2023 | £475,763 | £470,000 | 32 BROOKFIELD GARDENS |
| 24 Jan 2023 | £204,039 | £205,000 | 75 BINSTEAD ROAD |
| 9 May 2022 | £458,642 | £450,000 | 7 BROOKFIELD GARDENS |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 12 Feb 2015. Using an estimated price of £374,246 means this house is valued at £3,669 per sq meter (£340 per sq foot).
The average size of a house on BROOKFIELD GARDENS is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Jellicoe Road | |
| Jan 2024 | Anti-social behaviour | On or near Jellicoe Road | |
| Jan 2024 | Anti-social behaviour | On or near Jellicoe Road | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Jellicoe Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jellicoe Road |