£204,495
This estimated value is based upon the latest sale price for the house of £195,000 on 2 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 |
---|---|
£195,000 | 2 Feb 2022 |
£155,000 | 25 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 £195,000 results in an estimated price of approximately £204,495.
2 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £195,000 | £9,495 | £204,495 |
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 | -9.788 % | £-19,086 | £175,913 |
3 Month Average | -11.991 % | £-23,383 | £171,616 |
6 Month Average | -13.371 % | £-26,072 | £168,927 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £281,163 | £277,000 | 40 KESTREL WAY |
23 Feb 2023 | £219,852 | £220,000 | 73A GUNVILLE ROAD |
9 Sep 2022 | £322,397 | £325,000 | 14 GOLDCREST CLOSE |
2 Feb 2022 | £204,495 | £195,000 | 8 GREENFINCH CLOSE |
22 Dec 2021 | £203,562 | £190,000 | 3 GREENFINCH CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 Mar 2019. Using an estimated price of £204,495 means this house is valued at £3,146 per sq meter (£292 per sq foot).
The average size of a house on GREENFINCH CLOSE is 76 sq meters (827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kestrel Way |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kestrel Way |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gunville Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunville Crescent |