£414,672
This estimated value is based upon the latest sale price for the house of £336,500 on 4 Oct 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £336,500 | 4 Oct 2018 |
| £327,950 | 23 May 2016 |
| £200,500 | 27 Jan 2006 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 October 2018 the House Price Index for ISLE OF WIGHT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £336,500 results in an estimated price of approximately £414,672.
| 4 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £336,500 | £78,172 | £414,672 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 39.615 % | £133,305 | £469,805 |
| 3 Month Average | 18.790 % | £63,228 | £399,728 |
| 6 Month Average | 24.145 % | £81,248 | £417,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £320,610 | £315,000 | 2 GREENWAYS |
| 25 Aug 2023 | £293,568 | £291,000 | 23 GREENWAYS |
| 23 Aug 2023 | £332,912 | £330,000 | 40 GREENWAYS |
| 28 Jul 2023 | £329,434 | £325,000 | 67 VENNER AVENUE |
| 6 Apr 2023 | £293,156 | £290,000 | 78 NODES ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 5 Jan 2016. Using an estimated price of £414,672 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on NODES ROAD is 89 sq meters (966 sq feet).
This house is the largest in the street with a floor area of 163 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Street |
| Feb 2024 | Anti-social behaviour | On or near Nodes Road | |
| Feb 2024 | Anti-social behaviour | On or near Nodes Road | |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Horseshoe Close |