£372,779
This estimated value is based upon the latest sale price for the house of £249,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £249,000 | 2 Oct 2014 |
| £59,950 | 7 Oct 1998 |
| £35,000 | 21 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,413 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 October 2014 the House Price Index for ISLE OF WIGHT was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £249,000 results in an estimated price of approximately £372,779.
| 2 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £249,000 | £123,779 | £372,779 |
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 | 47.182 % | £117,482 | £366,482 |
| 3 Month Average | 15.117 % | £37,641 | £286,641 |
| 6 Month Average | 24.088 % | £59,978 | £308,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £232,030 | £230,000 | 90 ST MARYS ROAD |
| 23 Jun 2023 | £389,721 | £385,000 | 1 ANZAC COTTAGES ST MARYS ROAD |
| 20 Jan 2023 | £228,922 | £230,000 | 84 GRANVILLE ROAD |
| 4 Jan 2023 | £363,289 | £365,000 | 30 DENMARK ROAD |
| 1 Jun 2022 | £497,024 | £490,000 | 100 ST MARYS ROAD |
This house has a floor area of 131 sq meters or 1,413 sq feet when measured on 14 Oct 2010. Using an estimated price of £372,779 means this house is valued at £2,837 per sq meter (£263 per sq foot).
The average size of a house on GRANVILLE ROAD is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Weston Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weston Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Weston Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Granville Road Bridge |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Road |