£1,029,355
This estimated value is based upon the latest sale price for the house of £760,000 on 6 Apr 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £760,000 | 6 Apr 2016 |
| 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 April 2016 the House Price Index for ISLE OF WIGHT was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £760,000 results in an estimated price of approximately £1,029,355.
| 6 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £760,000 | £269,355 | £1,029,355 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 6.743 % | £51,249 | £811,249 |
| 3 Month Average | 12.027 % | £91,408 | £851,408 |
| 6 Month Average | 23.614 % | £179,466 | £939,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £1,020,194 | £1,025,000 | 3 BARING DRIVE |
| 30 Nov 2022 | £205,511 | £208,000 | FLAT 2A STANHOPE LODGE STANHOPE DRIVE |
| 24 Oct 2022 | £1,038,815 | £1,050,000 | HOME WATERS TRINITY CHURCH LANE |
| 2 Feb 2022 | £786,521 | £750,000 | 49C QUEENS ROAD |
| 13 Dec 2021 | £1,159,636 | £1,082,379 | FLAT 8 VANTAGE POINT, 4A QUEENS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baring Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Baring Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Baring Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castle Hill |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Hill |