£737,842
This estimated value is based upon the latest sale price for the house of £560,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Woodvale Road
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Price Paid | Date |
---|---|
£560,000 | 11 Nov 2016 |
£325,000 | 2 Oct 2009 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 November 2016 the House Price Index for ISLE OF WIGHT was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £560,000 results in an estimated price of approximately £737,842.
11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £560,000 | £177,842 | £737,842 |
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 | 85.593 % | £479,320 | £1,039,320 |
3 Month Average | 40.956 % | £229,355 | £789,355 |
6 Month Average | 35.462 % | £198,586 | £758,586 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2023 | £1,334,367 | £1,320,000 | 116 BARING ROAD |
5 Apr 2023 | £783,435 | £775,000 | 8 DEBOURNE MANOR DRIVE |
14 Apr 2022 | £344,983 | £335,000 | APARTMENT 1 WESTPOINT, 99 BARING ROAD |
1 Apr 2022 | £386,175 | £375,000 | WOODVALE LODGE, 7 WOODVALE ROAD |
22 Dec 2020 | £390,223 | £340,000 | APARTMENT 7 WESTPOINT 99 BARING ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 26 Aug 2016. Using an estimated price of £737,842 means this house is valued at £4,640 per sq meter (£431 per sq foot).
The average size of a house on BARING ROAD is 153 sq meters (1,648 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Woodvale Road |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Woodvale Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shore Road |
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 |