£548,560
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Aug 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £200,000 | 15 Aug 2002 |
| Semi-Detached |
| Freehold |
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 2002 the House Price Index for ISLE OF WIGHT was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £200,000 results in an estimated price of approximately £548,560.
| 15 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £200,000 | £348,560 | £548,560 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -10.018 % | £-20,036 | £179,963 |
| 3 Month Average | 67.552 % | £135,104 | £335,104 |
| 6 Month Average | 82.344 % | £164,688 | £364,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £84,247 | £83,000 | FLAT 7 SUVRETTA HOUSE GRANGE ROAD |
| 3 Nov 2023 | £203,005 | £200,000 | FLAT 28 SHANKLIN TOWERS PROSPECT ROAD |
| 26 Sep 2023 | £222,849 | £220,000 | 87 HIGH STREET |
| 31 Mar 2023 | £227,140 | £225,000 | FLAT 27 SHANKLIN TOWERS PROSPECT ROAD |
| 4 Jan 2023 | £238,875 | £240,000 | FLAT 8 SHANKLIN TOWERS PROSPECT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Eastcliff Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Public order | Under investigation | On or near High Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near High Street |