£294,280
This estimated value is based upon the latest sale price for the house of £128,950 on 11 Sep 2003. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £128,950 | 11 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 September 2003 the House Price Index for ISLE OF WIGHT was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £128,950 results in an estimated price of approximately £294,280.
| 11 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £128,950 | £165,330 | £294,280 |
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 | 22.024 % | £28,400 | £157,350 |
| 3 Month Average | 70.783 % | £91,274 | £220,224 |
| 6 Month Average | 72.150 % | £93,037 | £221,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £410,245 | £405,000 | 3 GOLDCREST CLOSE |
| 9 Sep 2022 | £322,397 | £325,000 | 14 GOLDCREST CLOSE |
| 18 Aug 2022 | £339,087 | £340,000 | 1 GOLDCREST CLOSE |
| 5 May 2022 | £224,225 | £220,000 | 26 SCHOOL LANE |
| 8 Nov 2021 | £200,080 | £185,000 | 5 SCHOOL LANE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 5 Jul 2016. Using an estimated price of £294,281 means this house is valued at £2,776 per sq meter (£257 per sq foot).
The average size of a house on GUNVILLE ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingfisher Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Kingfisher Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alvington Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Alvington Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alvington Close |