£161,936
This estimated value is based upon the latest sale price for the house of £127,500 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £127,500 | 11 Aug 2017 |
| £107,000 | 14 Jul 2011 |
| £113,500 | 23 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 577 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 August 2017 the House Price Index for ISLE OF WIGHT was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £127,500 results in an estimated price of approximately £161,936.
| 11 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £127,500 | £34,436 | £161,936 |
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 | -39.246 % | £-50,038 | £77,461 |
| 3 Month Average | 5.842 % | £7,448 | £134,948 |
| 6 Month Average | 6.180 % | £7,879 | £135,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £142,826 | £141,000 | 42A LANDGUARD ROAD |
| 11 Aug 2023 | £317,780 | £315,000 | 28 LANDGUARD ROAD |
| 7 Jul 2023 | £304,093 | £300,000 | 17 BROOK ROAD |
| 29 Apr 2022 | £319,186 | £309,950 | 50 WESTERN ROAD |
| 1 Mar 2022 | £295,335 | £285,000 | 5 WESTERN ROAD |
This house has a floor area of 53 sq meters or 577 sq feet when measured on 1 Mar 2010. Using an estimated price of £161,936 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on BROOK ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Landguard Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Landguard Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Falcon Cross Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Falcon Cross Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Falcon Cross Road |