£193,783
This estimated value is based upon the latest sale price for the house of £152,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£152,000 | 21 Jul 2017 |
£130,000 | 9 May 2014 |
Terraced |
Freehold |
Floor Area: 51 sq meters or 548 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 July 2017 the House Price Index for ISLE OF WIGHT was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £152,000 results in an estimated price of approximately £193,783.
21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £152,000 | £41,783 | £193,783 |
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 | 6.275 % | £9,537 | £161,537 |
3 Month Average | 19.326 % | £29,375 | £181,375 |
6 Month Average | 7.963 % | £12,103 | £164,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £260,000 | £260,000 | 22 WELLESLEY WAY |
8 Sep 2023 | £92,179 | £91,000 | 40 WELLESLEY WAY |
22 Mar 2023 | £196,855 | £195,000 | 4 CHIVERTON WALK |
8 Feb 2023 | £209,859 | £210,000 | 47 BEAUCHAMP DRIVE |
10 Nov 2022 | £227,247 | £230,000 | 53 BEAUCHAMP DRIVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 11 Apr 2014. Using an estimated price of £193,783 means this house is valued at £3,799 per sq meter (£353 per sq foot).
The average size of a house on WELLESLEY WAY is 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowside |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadowside |
Feb 2024 | Anti-social behaviour | On or near Meadowside | |
Feb 2024 | Anti-social behaviour | On or near Meadowside | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowside |