£281,331
This estimated value is based upon the latest sale price for the house of £230,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2020 the House Price Index for ISLE OF WIGHT was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £230,000 results in an estimated price of approximately £281,331.
| 29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £230,000 | £51,331 | £281,331 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | -24.510 % | £-56,372 | £173,627 |
| 3 Month Average | 11.716 % | £26,947 | £256,947 |
| 6 Month Average | 26.709 % | £61,431 | £291,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £171,500 | £171,500 | 7 RUDDINGTON COURT ORCHARD CLOSE |
| 12 Oct 2022 | £368,532 | £372,500 | GREEN HAILEY HOOKE HILL |
| 11 Aug 2022 | £219,409 | £220,000 | CLYDE VILLA, 140 SCHOOL GREEN ROAD |
| 11 Apr 2022 | £308,940 | £300,000 | 127A SCHOOL GREEN ROAD |
| 24 Feb 2022 | £545,321 | £520,000 | 6 HOOKE CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 31 Jul 2019. Using an estimated price of £281,332 means this house is valued at £2,785 per sq meter (£258 per sq foot).
The average size of a house on STROUD ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |