£225,056
This estimated value is based upon the latest sale price for the house of £145,000 on 20 Dec 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £145,000 | 20 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2007 the House Price Index for ISLE OF WIGHT was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £145,000 results in an estimated price of approximately £225,056.
| 20 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £145,000 | £80,056 | £225,056 |
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 | 37.263 % | £54,030 | £199,030 |
| 3 Month Average | 68.843 % | £99,822 | £244,822 |
| 6 Month Average | 43.746 % | £63,431 | £208,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £354,482 | £349,950 | 69 WELLINGTON ROAD |
| 22 Sep 2023 | £266,406 | £263,000 | 40 WINSTON AVENUE |
| 16 Aug 2023 | £282,471 | £280,000 | 47 WELLINGTON ROAD |
| 14 Aug 2023 | £196,721 | £195,000 | 7 COACH HOUSE LANE |
| 4 Aug 2023 | £282,471 | £280,000 | 67 WELLINGTON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 May 2017. Using an estimated price of £225,056 means this house is valued at £3,082 per sq meter (£286 per sq foot).
The average size of a house on COACH HOUSE LANE is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coach House Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Winston Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winston Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Waterloo Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winston Avenue |