£600,031
This estimated value is based upon the latest sale price for the house of £185,000 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 5 Oct 2001 |
| £140,000 | 10 Sep 1999 |
| 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 October 2001 the House Price Index for ISLE OF WIGHT was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £185,000 results in an estimated price of approximately £600,031.
| 5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £185,000 | £415,031 | £600,031 |
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 | 206.304 % | £381,662 | £566,662 |
| 3 Month Average | 188.591 % | £348,892 | £533,892 |
| 6 Month Average | 188.003 % | £347,804 | £532,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £1,468,780 | £1,450,000 | CRANBOURNE HOUSE EGYPT HILL |
| 25 Sep 2023 | £167,137 | £165,000 | FLAT 19 BRIARY COURT EGYPT ESPLANADE |
| 23 Jun 2023 | £546,621 | £540,000 | 17 PINE TREE CLOSE |
| 10 Mar 2023 | £116,094 | £115,000 | FLAT 60 BRIARY COURT EGYPT ESPLANADE |
| 9 Mar 2023 | £3,472,717 | £3,440,000 | EGYPT HOUSE EGYPT HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near King James Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near King James Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Baring Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baring Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Baring Drive |