£324,055
This estimated value is based upon the latest sale price for the house of £187,500 on 21 Dec 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£187,500 | 21 Dec 2009 |
Detached |
Freehold |
Floor Area: 82 sq meters or 885 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 2009 the House Price Index for ISLE OF WIGHT was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £187,500 results in an estimated price of approximately £324,055.
21 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £187,500 | £136,555 | £324,055 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 41.627 % | £78,051 | £265,551 |
3 Month Average | 55.940 % | £104,886 | £292,386 |
6 Month Average | 51.843 % | £97,205 | £284,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £320,610 | £315,000 | 11 ROSEWAY |
14 Sep 2023 | £248,173 | £245,000 | 26 FAIRVIEW CRESCENT |
9 Sep 2022 | £302,557 | £305,000 | 15 ROSEWAY |
28 Mar 2022 | £336,785 | £325,000 | 47 FAIRVIEW CRESCENT |
21 Mar 2022 | £341,967 | £330,000 | 4 FAIRVIEW CRESCENT |
This house has a floor area of 82 sq meters or 885 sq feet when measured on 8 Jun 2009. Using an estimated price of £324,056 means this house is valued at £3,937 per sq meter (£365 per sq foot).
The average size of a house on FAIRVIEW CRESCENT is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Local resolution | On or near Fairview Crescent |
Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Roseway |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Linkside |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lake Common Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |