£213,261
This estimated value is based upon the latest sale price for the house of £161,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £161,000 | 7 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2016 the House Price Index for ISLE OF WIGHT was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £161,000 results in an estimated price of approximately £213,261.
| 7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £161,000 | £52,261 | £213,261 |
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 | 23.308 % | £37,526 | £198,526 |
| 3 Month Average | 18.683 % | £30,080 | £191,080 |
| 6 Month Average | 34.991 % | £56,335 | £217,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £264,630 | £260,000 | 10 REW CLOSE |
| 13 Jun 2023 | £230,796 | £228,000 | 37 DOWNLANDS CRESCENT |
| 9 Feb 2023 | £154,896 | £155,000 | 20 CHESTNUT CLOSE |
| 17 Jan 2023 | £209,015 | £210,000 | 26 CHESTNUT CLOSE |
| 25 Jul 2022 | £235,634 | £235,000 | 9 ST MARGARETS GLADE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Apr 2016. Using an estimated price of £213,261 means this house is valued at £2,508 per sq meter (£233 per sq foot).
The average size of a house on NEWPORT ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Margarets Glade |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Margarets Glade |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Margarets Glade |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rew Close |