£145,475
This estimated value is based upon the latest sale price for the house of £85,000 on 7 Dec 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £85,000 | 7 Dec 2010 |
| £100,000 | 11 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 December 2010 the House Price Index for ISLE OF WIGHT was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £85,000 results in an estimated price of approximately £145,475.
| 7 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £85,000 | £60,475 | £145,475 |
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 | 45.041 % | £38,284 | £123,284 |
| 3 Month Average | 56.700 % | £48,194 | £133,194 |
| 6 Month Average | 57.173 % | £48,596 | £133,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £141,236 | £140,000 | 29 NEW ROAD |
| 16 Jun 2023 | £146,778 | £145,000 | FLAT 2 7B SANDOWN ROAD |
| 8 Aug 2022 | £164,557 | £165,000 | 16B - 16C SANDOWN ROAD |
| 13 Apr 2022 | £365,579 | £355,000 | 3 NEW ROAD |
| 11 Feb 2022 | £152,061 | £145,000 | 12B SANDOWN ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 5 Oct 2018. Using an estimated price of £145,476 means this house is valued at £2,852 per sq meter (£265 per sq foot).
The average size of a house on SANDOWN ROAD is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denness Road |
| Feb 2024 | Drugs | Under investigation | On or near Denness Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denness Road |