£1,092,080
This estimated value is based upon the latest sale price for the house of £610,000 on 12 Jan 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £610,000 | 12 Jan 2006 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,587 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 2006 the House Price Index for ISLE OF WIGHT was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £610,000 results in an estimated price of approximately £1,092,080.
| 12 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £610,000 | £482,080 | £1,092,080 |
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 | 77.319 % | £471,646 | £1,081,646 |
| 3 Month Average | 66.659 % | £406,616 | £1,016,616 |
| 6 Month Average | 57.684 % | £351,873 | £961,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £420,000 | £420,000 | 23 ALBERT ROAD |
| 29 Sep 2023 | £1,453,586 | £1,435,000 | 51 WORSLEY ROAD |
| 17 Apr 2023 | £277,993 | £275,000 | 39 ALBERT ROAD |
| 11 Mar 2022 | £415,541 | £401,000 | 62 WORSLEY ROAD |
| 16 Dec 2020 | £522,210 | £455,000 | 8 ALBERT ROAD |
This house has a floor area of 147 sq meters or 1,587 sq feet when measured on 2 Feb 2012. Using an estimated price of £1,092,081 means this house is valued at £7,403 per sq meter (£687 per sq foot).
The average size of a house on WORSLEY ROAD is 155 sq meters (1,669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shore Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Solent View Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Solent View Road |