£852,993
This estimated value is based upon the latest sale price for the house of £525,000 on 5 Nov 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £525,000 | 5 Nov 2013 |
| £525,000 | 5 Nov 2013 |
| Detached |
| Freehold |
| Floor Area: 256 sq meters or 2,766 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 November 2013 the House Price Index for ISLE OF WIGHT was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £525,000 results in an estimated price of approximately £852,993.
| 5 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £525,000 | £327,993 | £852,993 |
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 | 48.999 % | £257,245 | £782,245 |
| 3 Month Average | 82.624 % | £433,775 | £958,775 |
| 6 Month Average | 53.264 % | £279,635 | £804,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £514,851 | £510,000 | 4 NODE CLOSE |
| 17 Feb 2023 | £229,845 | £230,000 | 34 UPTON ROAD |
| 10 Feb 2023 | £1,099,260 | £1,100,000 | MONTPELLIER HOUSE PLAYSTREET LANE |
| 1 Aug 2022 | £273,264 | £274,000 | 30 POUND MEAD |
| 21 Feb 2022 | £390,639 | £372,500 | 25 PELLHURST ROAD |
This house has a floor area of 256 sq meters or 2,766 sq feet when measured on 17 Oct 2011. Using an estimated price of £852,994 means this house is valued at £3,319 per sq meter (£308 per sq foot).
The average size of a house on PLAYSTREET LANE is 179 sq meters (1,930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Mead |
| Dec 2023 | Anti-social behaviour | On or near Pound Mead | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pound Mead |
| Dec 2023 | Anti-social behaviour | On or near Pound Mead | |
| Dec 2023 | Anti-social behaviour | On or near Pound Mead |