£259,065
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 24 Mar 2022 |
| £222,500 | 4 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 March 2022 the House Price Index for ISLE OF WIGHT was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £250,000 results in an estimated price of approximately £259,065.
| 24 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £250,000 | £9,065 | £259,065 |
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 | -34.454 % | £-86,134 | £163,865 |
| 3 Month Average | -28.304 % | £-70,760 | £179,239 |
| 6 Month Average | -2.954 % | £-7,385 | £242,614 |
| 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 |
| 27 Jun 2022 | £337,266 | £332,500 | 67 VICTORIA ROAD |
| 21 Jun 2022 | £238,369 | £235,000 | 1 STONES CLOSE |
| 1 Jun 2022 | £497,024 | £490,000 | 100 ST MARYS ROAD |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 11 Jul 2019. Using an estimated price of £259,066 means this house is valued at £1,619 per sq meter (£150 per sq foot).
The average size of a house on VICTORIA ROAD is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Road | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fellows Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Road |