£355,388
This estimated value is based upon the latest sale price for the house of £222,500 on 6 Jan 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £222,500 | 6 Jan 2014 |
| £225,000 | 21 Sep 2007 |
| £52,500 | 19 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 January 2014 the House Price Index for ISLE OF WIGHT was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £222,500 results in an estimated price of approximately £355,388.
| 6 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £222,500 | £132,888 | £355,388 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 53.281 % | £118,551 | £341,051 |
| 3 Month Average | 43.878 % | £97,627 | £320,127 |
| 6 Month Average | 38.845 % | £86,430 | £308,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £284,208 | £280,000 | 48 ALEXANDRA ROAD |
| 29 Sep 2023 | £278,562 | £275,000 | 44 ALEXANDRA ROAD |
| 24 Mar 2023 | £176,664 | £175,000 | 91 FELLOWS ROAD |
| 30 Nov 2022 | £245,032 | £248,000 | 84 FELLOWS ROAD |
| 21 Jun 2022 | £136,935 | £135,000 | FLAT 4 KINGSMERE CORONATION ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Sep 2013. Using an estimated price of £355,389 means this house is valued at £3,384 per sq meter (£314 per sq foot).
The average size of a house on ALEXANDRA ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alexandra Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coronation Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fellows Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maxted Close |