£330,223
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Aug 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 |
|---|---|
| £260,000 | 18 Aug 2017 |
| £185,000 | 30 Aug 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 August 2017 the House Price Index for ISLE OF WIGHT was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £260,000 results in an estimated price of approximately £330,223.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £260,000 | £70,223 | £330,223 |
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 | 94.156 % | £244,805 | £504,805 |
| 3 Month Average | 68.627 % | £178,430 | £438,430 |
| 6 Month Average | 53.276 % | £138,517 | £398,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £273,683 | £270,000 | 3 NEWNHAM ROAD |
| 30 Jun 2023 | £328,985 | £325,000 | 11 KINGS ROAD |
| 27 Apr 2023 | £338,646 | £335,000 | 58 NEWNHAM ROAD |
| 24 Jun 2022 | £269,813 | £266,000 | 27 KINGS ROAD |
| 10 May 2022 | £315,953 | £310,000 | 4 GREENWAY CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 3 Jun 2015. Using an estimated price of £330,223 means this house is valued at £2,896 per sq meter (£269 per sq foot).
The average size of a house on NEWNHAM ROAD is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parkway |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quarr Hill |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Cemetery Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Paddock Close |