£122,006
This estimated value is based upon the latest sale price for the house of £77,000 on 30 Dec 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 |
|---|---|
| £77,000 | 30 Dec 2013 |
| £90,000 | 20 Apr 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 435 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 December 2013 the House Price Index for ISLE OF WIGHT was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £77,000 results in an estimated price of approximately £122,006.
| 30 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £77,000 | £45,006 | £122,006 |
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 | -46.565 % | £-35,855 | £41,144 |
| 3 Month Average | 14.776 % | £11,377 | £88,377 |
| 6 Month Average | 23.758 % | £18,293 | £95,293 |
This house has a floor area of 40 sq meters or 435 sq feet when measured on 16 Mar 2010.
The average size of a house on VICTORIA AVENUE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Westhill Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Drive |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near East Mead |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Blythe Way |