£189,859
This estimated value is based upon the latest sale price for the house of £36,000 on 27 Mar 1997. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£36,000 | 27 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 March 1997 the House Price Index for ISLE OF WIGHT was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £36,000 results in an estimated price of approximately £189,859.
27 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 427.388 % | £36,000 | £153,859 | £189,859 |
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 | 481.541 % | £173,354 | £209,354 |
3 Month Average | 448.499 % | £161,459 | £197,459 |
6 Month Average | 432.364 % | £155,651 | £191,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £256,948 | £253,000 | MAIDA COTTAGE COLWELL LANE |
27 Nov 2023 | £187,253 | £182,500 | FLAT 1 SILCOMBE COURT COLWELL LANE |
8 Nov 2023 | £154,420 | £150,500 | FLAT 3 SILCOMBE COURT COLWELL LANE |
5 Oct 2023 | £189,299 | £185,000 | 1 RICHMOND GRANGE RICHMOND CRESCENT |
21 Aug 2023 | £269,867 | £265,000 | 3 PRINCES CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Mar 2013. Using an estimated price of £189,860 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on PRINCES ROAD is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Elm Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Close |