£476,204
This estimated value is based upon the latest sale price for the house of £380,000 on 14 Mar 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 |
|---|---|
| £380,000 | 14 Mar 2018 |
| Detached |
| Leasehold |
| Floor Area: 139 sq meters or 1,496 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 March 2018 the House Price Index for ISLE OF WIGHT was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £380,000 results in an estimated price of approximately £476,204.
| 14 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £380,000 | £96,204 | £476,204 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | -5.418 % | £-20,587 | £359,412 |
| 3 Month Average | -15.991 % | £-60,765 | £319,234 |
| 6 Month Average | 27.216 % | £103,419 | £483,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £272,383 | £270,000 | SEAVIEW APARTMENTS WOODCLIFFE UNDERCLIFF DRIVE |
| 31 Mar 2023 | £222,092 | £220,000 | 2 YELFS COTTAGES SPINDLERS ROAD |
| 1 Feb 2023 | £319,785 | £320,000 | 1 ROCKMOUNT COTTAGES UNDERCLIFF DRIVE |
| 29 Apr 2022 | £422,218 | £410,000 | SELWYNS SEVEN SISTERS ROAD |
| 18 Mar 2022 | £569,944 | £550,000 | BONNIFACE OLD PARK ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 18 Jul 2017. Using an estimated price of £476,205 means this house is valued at £3,425 per sq meter (£318 per sq foot).
The average size of a house on SPINDLERS ROAD is 161 sq meters (1,732 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,496 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Spindlers Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Undercliff Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Ludbrook Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ludbrook Way |