£1,866,206
This estimated value is based upon the latest sale price for the house of £1,850,000 on 14 Dec 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £1,850,000 | 14 Dec 2022 |
| Freehold |
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 2022 the House Price Index for ISLE OF WIGHT was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £1,850,000 results in an estimated price of approximately £1,866,206.
| 14 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £1,850,000 | £16,206 | £1,866,206 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | 412.413 % | £7,629,636 | £9,479,636 |
| 3 Month Average | 123.043 % | £2,276,298 | £4,126,298 |
| 6 Month Average | -36.672 % | £-678,441 | £1,171,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £603,712 | £590,000 | 5 COASTGUARD COTTAGES BRIDGE ROAD |
| 27 Apr 2023 | £1,222,873 | £1,200,000 | THE OLD CHURCH ST JAMES STREET |
| 14 Apr 2023 | £377,052 | £370,000 | BANK HOUSE THE SQUARE |
| 14 Feb 2023 | £266,782 | £265,000 | 2 QUAY STREET |
| 16 Sep 2022 | £383,694 | £383,950 | 2 OLD BAKERY MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Quay Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Quay Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quay Street |
| Apr 2024 | Anti-social behaviour | On or near Ferry Terminal | |
| Apr 2024 | Anti-social behaviour | On or near Ferry Terminal |