£381,532
This estimated value is based upon the latest sale price for the house of £205,000 on 30 Apr 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £205,000 | 30 Apr 2009 |
| £155,000 | 26 Jun 2003 |
| £127,000 | 31 Aug 2001 |
| Terraced |
| 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 April 2009 the House Price Index for ISLE OF WIGHT was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £205,000 results in an estimated price of approximately £381,532.
| 30 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.114 % | £205,000 | £176,532 | £381,532 |
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 | 66.276 % | £135,866 | £340,866 |
| 3 Month Average | 49.767 % | £102,022 | £307,022 |
| 6 Month Average | 42.589 % | £87,308 | £292,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £208,081 | £205,000 | FLAT 4 BROOKLYN HOUSE, 48 NEWPORT ROAD |
| 30 Nov 2023 | £314,658 | £310,000 | 59 NEWPORT ROAD |
| 22 Aug 2023 | £136,191 | £135,000 | 2 TRENT MEWS |
| 21 Aug 2023 | £216,897 | £215,000 | 11 TRENT MEWS |
| 18 Jul 2023 | £191,578 | £189,000 | 4 TENNYSON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Smithards Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Smithards Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arctic Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arctic Road |
| Feb 2024 | Anti-social behaviour | On or near Arctic Road |