£501,852
This estimated value is based upon the latest sale price for the house of £159,500 on 10 Jan 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £159,500 | 10 Jan 2002 |
| Detached |
| Freehold |
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 January 2002 the House Price Index for ISLE OF WIGHT was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £159,500 results in an estimated price of approximately £501,852.
| 10 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £159,500 | £342,352 | £501,852 |
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 | 65.512 % | £104,491 | £263,991 |
| 3 Month Average | 132.994 % | £212,126 | £371,626 |
| 6 Month Average | 135.662 % | £216,380 | £375,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £574,585 | £560,000 | 49 FOREST ROAD |
| 15 Sep 2023 | £368,115 | £360,000 | 70 FOREST ROAD |
| 8 Sep 2023 | £396,746 | £388,000 | 11 CUPRESSUS AVENUE |
| 21 Feb 2022 | £422,583 | £400,000 | 51 FOREST ROAD |
| 21 Feb 2022 | £375,042 | £355,000 | 14 CUPRESSUS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Parking Area |
| May 2024 | Public order | Local resolution | On or near Forest Road |
| May 2024 | Public order | Local resolution | On or near Forest Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Woods Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddock |