£286,101
This estimated value is based upon the latest sale price for the house of £161,000 on 10 Feb 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £161,000 | 10 Feb 2006 |
| £134,000 | 17 Oct 2003 |
| £96,000 | 20 Sep 2002 |
| £80,000 | 22 Aug 2001 |
| £51,500 | 30 Nov 1999 |
| Semi-Detached |
| Leasehold |
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 2006 the House Price Index for ISLE OF WIGHT was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £161,000 results in an estimated price of approximately £286,101.
| 10 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £161,000 | £125,101 | £286,101 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 69.123 % | £111,287 | £272,287 |
| 3 Month Average | 102.740 % | £165,411 | £326,411 |
| 6 Month Average | 70.200 % | £113,022 | £274,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £182,331 | £180,000 | 2 KING ARTHUR CLOSE |
| 21 Sep 2023 | £658 | £650 | 8 WEST PLACE |
| 21 Jul 2023 | £191,578 | £189,000 | 6 KING ARTHUR CLOSE |
| 6 Jul 2023 | £326,900 | £322,500 | 32 ADELAIDE PLACE |
| 8 Jun 2023 | £250,535 | £247,500 | 48 ARTHUR STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Arthur Street |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Arthur Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near West Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Argyll Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Argyll Street |