£226,651
This estimated value is based upon the latest sale price for the house of £154,500 on 26 Jan 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £154,500 | 26 Jan 2015 |
| £130,000 | 2 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2015 the House Price Index for ISLE OF WIGHT was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £154,500 results in an estimated price of approximately £226,651.
| 26 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £154,500 | £72,151 | £226,651 |
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 | 108.305 % | £167,331 | £321,831 |
| 3 Month Average | 65.763 % | £101,604 | £256,104 |
| 6 Month Average | 37.100 % | £57,319 | £211,819 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Aug 2014.
The average size of a house on THE SQUARE is 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Square |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near The Square |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackbridge Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Everard Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Coastguard Lane |