£242,283
This estimated value is based upon the latest sale price for the house of £166,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£166,000 | 29 May 2015 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 May 2015 the House Price Index for ISLE OF WIGHT was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £166,000 results in an estimated price of approximately £242,283.
29 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £166,000 | £76,283 | £242,283 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 19.726 % | £32,745 | £198,745 |
3 Month Average | 37.836 % | £62,807 | £228,807 |
6 Month Average | 38.235 % | £63,470 | £229,470 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2023 | £196,855 | £195,000 | 4 CHIVERTON WALK |
8 Feb 2023 | £209,859 | £210,000 | 47 BEAUCHAMP DRIVE |
10 Nov 2022 | £227,247 | £230,000 | 53 BEAUCHAMP DRIVE |
25 Feb 2022 | £209,686 | £199,950 | 36 BEAUCHAMP DRIVE |
15 Oct 2021 | £215,763 | £195,000 | 87 WELLESLEY WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Mar 2015. Using an estimated price of £242,284 means this house is valued at £3,146 per sq meter (£292 per sq foot).
The average size of a house on WELLESLEY WAY is 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Towngate Place |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Towngate Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Towngate Place |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Towngate Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Towngate Place |