£251,064
This estimated value is based upon the latest sale price for the house of £234,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£234,000 | 30 Jun 2021 |
£195,000 | 1 Jun 2017 |
£199,995 | 27 May 2015 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 June 2021 the House Price Index for ISLE OF WIGHT was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £234,000 results in an estimated price of approximately £251,064.
30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £234,000 | £17,064 | £251,064 |
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 | -19.312 % | £-45,189 | £188,810 |
3 Month Average | -9.342 % | £-21,859 | £212,140 |
6 Month Average | -15.414 % | £-36,069 | £197,930 |
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 |
27 May 2022 | £120,776 | £118,500 | FLAT 4 BELLFLOWER HOUSE, 1 BEAUCHAMP DRIVE |
25 Feb 2022 | £209,686 | £199,950 | 36 BEAUCHAMP DRIVE |
10 Feb 2022 | £124,795 | £119,000 | FLAT 5 BELLFLOWER HOUSE, 1 BEAUCHAMP DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Apr 2015. Using an estimated price of £251,064 means this house is valued at £2,853 per sq meter (£265 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 | Public order | Unable to prosecute suspect | On or near Towngate Place |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Towngate Place |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Towngate Place |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Towngate Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Towngate Place |