£145,312
This estimated value is based upon the latest sale price for the house of £116,500 on 25 May 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 |
|---|---|
| £116,500 | 25 May 2018 |
| £97,000 | 2 Sep 2004 |
| £45,500 | 31 Aug 2000 |
| £30,000 | 12 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 605 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 May 2018 the House Price Index for ISLE OF WIGHT was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £116,500 results in an estimated price of approximately £145,312.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £116,500 | £28,812 | £145,312 |
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 | 43.223 % | £50,354 | £166,854 |
| 3 Month Average | 25.674 % | £29,910 | £146,410 |
| 6 Month Average | 25.190 % | £29,346 | £145,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £268,249 | £265,000 | 47 NEW ROAD |
| 27 Jan 2023 | £191,597 | £192,500 | 36 LOUIS ROAD |
| 28 Oct 2022 | £222,603 | £225,000 | 17 LOUIS ROAD |
| 18 Mar 2022 | £300,516 | £290,000 | 11 PERCY ROAD |
| 10 Mar 2022 | £331,604 | £320,000 | 11 WHITES MEAD |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 20 Apr 2011. Using an estimated price of £145,313 means this house is valued at £2,583 per sq meter (£240 per sq foot).
The average size of a house on NEW ROAD is 103 sq meters (1,117 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lea Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lea Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Lea Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Court |
| Feb 2024 | Possession of weapons | Under investigation | On or near Manor Court |