£196,907
This estimated value is based upon the latest sale price for the house of £139,950 on 14 Oct 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 |
|---|---|
| £139,950 | 14 Oct 2015 |
| £54,500 | 21 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2015 the House Price Index for ISLE OF WIGHT was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £139,950 results in an estimated price of approximately £196,907.
| 14 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £139,950 | £56,957 | £196,907 |
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 | 26.500 % | £37,086 | £177,036 |
| 3 Month Average | 62.801 % | £87,889 | £227,839 |
| 6 Month Average | 38.620 % | £54,049 | £193,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £567,253 | £560,000 | 35 ASHEY ROAD |
| 7 Feb 2023 | £599,597 | £600,000 | 19 ASHEY ROAD |
| 30 Jun 2022 | £207,939 | £205,000 | 29 LEIGHWOOD CLOSE |
| 19 May 2022 | £224,225 | £220,000 | 21 LEIGHWOOD CLOSE |
| 17 Dec 2021 | £192,848 | £180,000 | 44 ASHEY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 May 2015. Using an estimated price of £196,908 means this house is valued at £2,461 per sq meter (£228 per sq foot).
The average size of a house on LEIGHWOOD CLOSE is 74 sq meters (804 sq feet).
This house is the largest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Offender given a caution | On or near Pitt Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodland View |
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Ashey Place |
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Ashey Place |
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Ashey Place |