£188,779
This estimated value is based upon the latest sale price for the house of £130,000 on 16 Jun 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 |
|---|---|
| £130,000 | 16 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2015 the House Price Index for ISLE OF WIGHT was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £130,000 results in an estimated price of approximately £188,779.
| 16 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £130,000 | £58,779 | £188,779 |
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 | 10.581 % | £13,755 | £143,755 |
| 3 Month Average | 64.060 % | £83,278 | £213,278 |
| 6 Month Average | 51.904 % | £67,475 | £197,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £190,435 | £188,000 | 10 OSBORNE ROAD |
| 23 Jun 2023 | £167,023 | £165,000 | 14 OSBORNE ROAD |
| 24 Feb 2023 | £183,876 | £184,000 | 3 WEEKS ROAD |
| 11 Jan 2023 | £172,935 | £173,750 | 38 OSBORNE ROAD |
| 4 Jul 2022 | £140,378 | £140,000 | 73 SWANMORE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Aug 2019. Using an estimated price of £188,779 means this house is valued at £2,051 per sq meter (£190 per sq foot).
The average size of a house on SWANMORE ROAD is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swanmore Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swanmore Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Swanmore Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Nursery Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milligan Road |