£273,428
This estimated value is based upon the latest sale price for the house of £217,500 on 18 Dec 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 |
|---|---|
| £217,500 | 18 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2017 the House Price Index for ISLE OF WIGHT was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £217,500 results in an estimated price of approximately £273,428.
| 18 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £217,500 | £55,928 | £273,428 |
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 | -26.580 % | £-57,811 | £159,688 |
| 3 Month Average | 32.089 % | £69,792 | £287,292 |
| 6 Month Average | 4.877 % | £10,607 | £228,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £274,057 | £270,000 | 3 BEADMANS GROVE |
| 13 Feb 2023 | £214,855 | £215,000 | 14 SAXON CLOSE |
| 25 Nov 2022 | £215,885 | £218,500 | 82 GODRIC ROAD |
| 25 Nov 2022 | £261,828 | £265,000 | 86 GODRIC ROAD |
| 24 Nov 2022 | £261,828 | £265,000 | 86A GODRIC ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Dec 2017. Using an estimated price of £273,428 means this house is valued at £3,107 per sq meter (£288 per sq foot).
The average size of a house on GODRIC ROAD is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foundry Road |
| Jan 2024 | Anti-social behaviour | On or near Foundry Road | |
| Jan 2024 | Anti-social behaviour | On or near Foundry Road | |
| Jan 2024 | Anti-social behaviour | On or near Foundry Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foundry Road |