£287,557
This estimated value is based upon the latest sale price for the house of £99,950 on 8 May 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £99,950 | 8 May 2002 |
| £78,500 | 14 Sep 2001 |
| £55,000 | 4 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 May 2002 the House Price Index for ISLE OF WIGHT was 51.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 187.701%.Applying this 187.701% change to the original purchase price of £99,950 results in an estimated price of approximately £287,557.
| 8 May 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 146.7 | 187.701 % | £99,950 | £187,607 | £287,557 |
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 | 175.437 % | £175,349 | £275,299 |
| 3 Month Average | 163.654 % | £163,571 | £263,521 |
| 6 Month Average | 155.527 % | £155,449 | £255,399 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Sep 2021.
The average size of a house on VICTORIA ROAD is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Road |