£248,063
This estimated value is based upon the latest sale price for the house of £53,950 on 4 Dec 1998. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Central Way
More crime details
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Price Paid | Date |
---|---|
£53,950 | 4 Dec 1998 |
Detached |
Freehold |
Floor Area: 47 sq meters or 505 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 1998 the House Price Index for ISLE OF WIGHT was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £53,950 results in an estimated price of approximately £248,063.
4 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 148.6 | 359.802 % | £53,950 | £194,113 | £248,063 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 282.623 % | £152,474 | £206,424 |
3 Month Average | 315.148 % | £170,022 | £223,972 |
6 Month Average | 316.942 % | £170,990 | £224,940 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £269,950 | £269,950 | 22 PEROWNE WAY |
13 Dec 2023 | £198,473 | £195,000 | 53 CENTRAL WAY |
22 Aug 2023 | £278,436 | £276,000 | 12 COXS GREEN |
1 Sep 2022 | £213,278 | £215,000 | 26 PEROWNE WAY |
7 Jun 2022 | £255,105 | £251,500 | 2 COXS GREEN |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 13 Nov 2017. Using an estimated price of £248,063 means this house is valued at £5,277 per sq meter (£490 per sq foot).
The average size of a house on CENTRAL WAY is 75 sq meters (812 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Central Way |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Central Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Perowne Way |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worcester Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Close |