£1,360,352
This estimated value is based upon the latest sale price for the house of £1,125,000 on 27 Jul 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 |
|---|---|
| £1,125,000 | 27 Jul 2020 |
| £370,000 | 17 Nov 2000 |
| Detached |
| Freehold |
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 July 2020 the House Price Index for ISLE OF WIGHT was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £1,125,000 results in an estimated price of approximately £1,360,352.
| 27 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £1,125,000 | £235,352 | £1,360,352 |
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 | 10.578 % | £119,005 | £1,244,005 |
| 3 Month Average | 55.605 % | £625,561 | £1,750,561 |
| 6 Month Average | 35.657 % | £401,143 | £1,526,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £60,777 | £60,000 | FLAT 1 CONISTON HOUSE CONISTON DRIVE |
| 13 Apr 2022 | £386,175 | £375,000 | FLAT B ASHBY AUGUSTA ROAD |
| 8 Apr 2022 | £540,645 | £525,000 | 15 NORTHWOOD DRIVE |
| 4 Mar 2022 | £440,411 | £425,000 | MAGNOLIA COTTAGE AUGUSTA ROAD |
| 4 Feb 2022 | £938,582 | £895,000 | SPINDRIFT ST GEORGES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St George'S Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Coniston Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Grove |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spencer Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Buckingham Close |