£1,013,210
This estimated value is based upon the latest sale price for the house of £845,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £845,000 | 26 Aug 2020 |
| £845,000 | 26 Aug 2020 |
| £650,000 | 1 Dec 2006 |
| £115,000 | 7 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 313 sq meters or 3,369 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 2020 the House Price Index for ISLE OF WIGHT was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £845,000 results in an estimated price of approximately £1,013,210.
| 26 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £845,000 | £168,210 | £1,013,210 |
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 | -63.755 % | £-538,729 | £306,270 |
| 3 Month Average | -9.547 % | £-80,668 | £764,331 |
| 6 Month Average | 3.132 % | £26,463 | £871,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £213,740 | £210,000 | FLAT 6 LUCCOMBE COURT PRIORY ROAD |
| 28 Jul 2023 | £704,482 | £695,000 | 2 THE LIMES |
| 16 Jun 2023 | £364,414 | £360,000 | 2 POPHAM ROAD |
| 10 Feb 2023 | £424,714 | £425,000 | APARTMENT 21 THE REACH, 12 LUCCOMBE ROAD |
| 24 Aug 2022 | £369,007 | £370,000 | THE SNUG POPHAM ROAD |
This house has a floor area of 313 sq meters or 3,369 sq feet when measured on 3 May 2018. Using an estimated price of £1,013,211 means this house is valued at £3,237 per sq meter (£300 per sq foot).
The average size of a house on PRIORY ROAD is 182 sq meters (1,967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Grange Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pomona Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pomona Road |