£293,339
This estimated value is based upon the latest sale price for the house of £235,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£235,000 | 6 Apr 2018 |
£220,000 | 7 Aug 2017 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 April 2018 the House Price Index for ISLE OF WIGHT was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £235,000 results in an estimated price of approximately £293,339.
6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £235,000 | £58,339 | £293,339 |
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 | 66.530 % | £156,346 | £391,346 |
3 Month Average | 42.024 % | £98,756 | £333,756 |
6 Month Average | 28.237 % | £66,356 | £301,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £359,598 | £355,000 | 29 PARKWAY |
3 Aug 2022 | £972,383 | £975,000 | HOLLY FARM HALLETTS SHUTE |
31 May 2022 | £229,321 | £225,000 | PLOT 5 NORTON GREEN |
27 May 2022 | £586,043 | £575,000 | 14 GOLDEN HILL FORT COLWELL ROAD |
6 May 2022 | £407,682 | £400,000 | BRAMBLEDOWN NORTON GREEN |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 1 Nov 2021. Using an estimated price of £293,339 means this house is valued at £3,087 per sq meter (£286 per sq foot).
The average size of a house on NORTON GREEN is 121 sq meters (1,303 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Colwell Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Golden Hill Fort Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monks Lane |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monks Lane |
Mar 2024 | Anti-social behaviour | On or near Colwell Road |