£638,594
This estimated value is based upon the latest sale price for the house of £630,000 on 21 Jul 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £630,000 | 21 Jul 2023 |
| £440,000 | 11 Jan 2018 |
| Detached |
| 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 July 2023 the House Price Index for ISLE OF WIGHT was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £630,000 results in an estimated price of approximately £638,594.
| 21 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £630,000 | £8,594 | £638,594 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | -14.333 % | £-90,299 | £539,700 |
| 3 Month Average | 34.540 % | £217,602 | £847,602 |
| 6 Month Average | 10.297 % | £64,874 | £694,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £638,595 | £630,000 | GREEN LANES PARK ROAD |
| 5 Jul 2023 | £476,412 | £470,000 | 8 GLENDALE CLOSE |
| 27 Jan 2023 | £477,750 | £480,000 | 116 STATION ROAD |
| 16 Nov 2022 | £345,811 | £350,000 | 63 LUSHINGTON HILL |
| 20 Oct 2022 | £396,832 | £401,105 | FLAT 1 THE BRANNONS, 118 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lushington Hill |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Packsfield Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Harwood Close |
| Mar 2024 | Drugs | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |