£121,220
This estimated value is based upon the latest sale price for the house of £74,950 on 1 Mar 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£74,950 | 1 Mar 2007 |
£52,000 | 17 Jul 2003 |
£27,500 | 30 Jan 2001 |
Flats/Maisonettes |
Leasehold |
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 2007 the House Price Index for ISLE OF WIGHT was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £74,950 results in an estimated price of approximately £121,220.
1 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £74,950 | £46,270 | £121,220 |
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 | 43.841 % | £32,858 | £107,808 |
3 Month Average | 85.647 % | £64,192 | £139,142 |
6 Month Average | 58.461 % | £43,816 | £118,766 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Apr 2023 | £121,306 | £120,000 | FLAT 7 SPENCER HOUSE, 42 WEST HILL ROAD |
27 Jan 2023 | £119,437 | £120,000 | FLAT 11 SPENCER HOUSE, 42 WEST HILL ROAD |
1 Jul 2022 | £108,292 | £108,000 | FLAT 2 SEACREST COURT, 46 WEST HILL ROAD |
16 Jun 2022 | £497,024 | £490,000 | BEECHWOOD BUNGALOW WEST HILL ROAD |
18 May 2022 | £234,417 | £230,000 | FLAT 1 SPENCER HOUSE, 42 WEST HILL ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Avenue |
Dec 2023 | Violence and sexual offences | Local resolution | On or near St John'S Avenue |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Holly Tree Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Tree Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Tree Close |