£334,272
This estimated value is based upon the latest sale price for the house of £72,500 on 10 Jul 1998. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £72,500 | 10 Jul 1998 |
| £60,000 | 3 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 34 sq meters or 369 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 July 1998 the House Price Index for ISLE OF WIGHT was 31.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 361.066%.Applying this 361.066% change to the original purchase price of £72,500 results in an estimated price of approximately £334,272.
| 10 Jul 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 146.7 | 361.066 % | £72,500 | £261,772 | £334,272 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | 328.065 % | £237,846 | £310,346 |
| 3 Month Average | 212.342 % | £153,947 | £226,447 |
| 6 Month Average | 227.405 % | £164,868 | £237,368 |
This house has a floor area of 34 sq meters or 369 sq feet when measured on 27 May 2011.
There is one other house on the street which we know the size of, this is BOSUN COTTAGE EREMUE LANE it is 38.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near High Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ommanney Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ommanney Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Quay Street |