£263,165
This estimated value is based upon the latest sale price for the house of £210,000 on 6 Mar 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £210,000 | 6 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2018 the House Price Index for ISLE OF WIGHT was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £210,000 results in an estimated price of approximately £263,165.
| 6 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £210,000 | £53,165 | £263,165 |
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 | 10.446 % | £21,935 | £231,935 |
| 3 Month Average | 21.542 % | £45,238 | £255,238 |
| 6 Month Average | 20.737 % | £43,548 | £253,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £298,617 | £295,000 | 18 HARRY CHEEK GARDENS |
| 20 Apr 2023 | £293,156 | £290,000 | 7 CHESSELL CLOSE |
| 6 Apr 2023 | £242,612 | £240,000 | 8 HORSESHOE CLOSE |
| 22 Jul 2022 | £180,486 | £180,000 | 8 WROXALL CLOSE |
| 18 Feb 2022 | £246,443 | £235,000 | 8 GREENWAYS CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Feb 2017. Using an estimated price of £263,166 means this house is valued at £3,289 per sq meter (£305 per sq foot).
The average size of a house on WYATTS LANE is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wyatts Close | |
| Feb 2024 | Anti-social behaviour | On or near Wyatts Close | |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Horseshoe Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Street |