£514,386
This estimated value is based upon the latest sale price for the house of £405,000 on 15 Aug 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £405,000 | 15 Aug 2017 |
| £120,000 | 17 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2017 the House Price Index for ISLE OF WIGHT was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £405,000 results in an estimated price of approximately £514,386.
| 15 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £405,000 | £109,386 | £514,386 |
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 | 83.496 % | £338,158 | £743,158 |
| 3 Month Average | 34.883 % | £141,277 | £546,277 |
| 6 Month Average | 23.197 % | £93,946 | £498,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £196,462 | £193,950 | 5 HORNHILL REW STREET |
| 12 Jan 2023 | £1,010,241 | £1,015,000 | 48 SOLENT VIEW ROAD |
| 8 Jul 2022 | £295,796 | £295,000 | 16 LOWER CHURCH ROAD |
| 10 Mar 2022 | £2,176,151 | £2,100,000 | 60 SOLENT VIEW ROAD |
| 16 Feb 2022 | £209,739 | £200,000 | 11 BEACHSIDE CHALETS |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 Oct 2014. Using an estimated price of £514,386 means this house is valued at £5,358 per sq meter (£497 per sq foot).
The average size of a house on MARSH ROAD is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marsh 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 |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Solent View Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |