£296,516
This estimated value is based upon the latest sale price for the house of £240,000 on 3 Jun 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 3 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 June 2019 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £240,000 results in an estimated price of approximately £296,516.
| 3 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £240,000 | £56,516 | £296,516 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 61.428 % | £147,426 | £387,426 |
| 3 Month Average | 29.666 % | £71,198 | £311,198 |
| 6 Month Average | 8.186 % | £19,645 | £259,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £241,221 | £237,000 | 5D DALL SQUARE |
| 5 Dec 2023 | £310,432 | £305,000 | WISTERIA COTTAGE LONGHALVES |
| 27 Jul 2023 | £278,752 | £275,000 | 24 DALL SQUARE |
| 21 Jun 2023 | £303,678 | £300,000 | WOODY BANK LONGHALVES |
| 9 Mar 2023 | £490,698 | £486,075 | 69 SCHOOL GREEN ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Feb 2019. Using an estimated price of £296,517 means this house is valued at £2,430 per sq meter (£225 per sq foot).
The average size of a house on COLLARDS CLOSE is 87 sq meters (943 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Collards Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parkers Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sunset Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Longhalves |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Longhalves |