£122,697
This estimated value is based upon the latest sale price for the house of £117,000 on 18 Feb 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 |
|---|---|
| £117,000 | 18 Feb 2022 |
| £78,000 | 5 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 524 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 February 2022 the House Price Index for ISLE OF WIGHT was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £117,000 results in an estimated price of approximately £122,697.
| 18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £117,000 | £5,697 | £122,697 |
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 | -24.865 % | £-29,091 | £87,908 |
| 3 Month Average | 21.207 % | £24,812 | £141,812 |
| 6 Month Average | 11.174 % | £13,073 | £130,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £176,905 | £175,000 | 17 WARWICK STREET |
| 13 Apr 2023 | £333,592 | £330,000 | SANTA PAULA, 1 LANGDON MEWS |
| 22 Feb 2023 | £169,886 | £170,000 | 11 WARWICK STREET |
| 5 Jan 2023 | £213,992 | £215,000 | 33 WARWICK STREET |
| 27 Jul 2022 | £130,351 | £130,000 | 8 WARWICK PLACE |
This house has a floor area of 48 sq meters or 524 sq feet when measured on 29 Jul 2011. Using an estimated price of £122,697 means this house is valued at £2,517 per sq meter (£233 per sq foot).
The average size of a house on WARWICK PLACE is 53 sq meters (580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Warwick Place | |
| Jan 2024 | Anti-social behaviour | On or near Warwick Place | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Place |
| Jan 2024 | Anti-social behaviour | On or near Warwick Place | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warwick Place |