£336,842
This estimated value is based upon the latest sale price for the house of £61,000 on 17 Sep 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £61,000 | 17 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 September 1996 the House Price Index for ISLE OF WIGHT was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £61,000 results in an estimated price of approximately £336,842.
| 17 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.6 | 452.201 % | £61,000 | £275,842 | £336,842 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 394.114 % | £240,409 | £301,409 |
| 3 Month Average | 494.912 % | £301,896 | £362,896 |
| 6 Month Average | 437.660 % | £266,972 | £327,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £278,562 | £275,000 | 24 ARTHUR STREET |
| 17 Aug 2023 | £378,310 | £375,000 | 24 ARGYLL STREET |
| 26 Jul 2023 | £136,842 | £135,000 | 59A ARGYLL STREET |
| 26 Jun 2023 | £336,577 | £332,500 | 125 ARTHUR STREET |
| 25 Nov 2022 | £330,991 | £335,000 | 113 ARTHUR STREET |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 28 Mar 2014. Using an estimated price of £336,843 means this house is valued at £1,881 per sq meter (£174 per sq foot).
The average size of a house on ARGYLL STREET is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Argyll Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Argyll Street |
| Feb 2024 | Drugs | Local resolution | On or near Arthur Street |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Arthur Street |
| Mar 2024 | Other crime | Under investigation | On or near Queen'S Road |