£207,505
This estimated value is based upon the latest sale price for the house of £135,000 on 30 Jun 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £135,000 | 30 Jun 2014 |
| £171,000 | 10 May 2007 |
| £171,000 | 16 Aug 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 June 2014 the House Price Index for ISLE OF WIGHT was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £135,000 results in an estimated price of approximately £207,505.
| 30 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £135,000 | £72,505 | £207,505 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -45.716 % | £-61,716 | £73,283 |
| 3 Month Average | 14.648 % | £19,775 | £154,775 |
| 6 Month Average | 16.820 % | £22,707 | £157,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £126,878 | £125,000 | FLAT 5 ASHCOMBE COURT, 40 VICTORIA AVENUE |
| 23 Nov 2023 | £959,201 | £945,000 | 35 VICTORIA AVENUE |
| 28 Sep 2023 | £759,714 | £750,000 | HILLSIDE, 53 ORCHARD ROAD |
| 22 Sep 2023 | £319,080 | £315,000 | 16 ORCHARD ROAD |
| 21 Aug 2023 | £146,280 | £145,000 | FLAT 10 OCHILTREE HOUSE, 45 VICTORIA AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 Oct 2013. Using an estimated price of £207,505 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on VICTORIA AVENUE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Westhill Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Road |
| Mar 2024 | Theft from the person | Under investigation | On or near Furze Hill Road |
| Jan 2024 | Anti-social behaviour | On or near Denny Gardens |