£221,485
This estimated value is based upon the latest sale price for the house of £76,000 on 10 May 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £76,000 | 10 May 2002 |
| £63,000 | 15 Jun 2000 |
| 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 May 2002 the House Price Index for ISLE OF WIGHT was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £76,000 results in an estimated price of approximately £221,485.
| 10 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £76,000 | £145,485 | £221,485 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | 175.437 % | £133,331 | £209,331 |
| 3 Month Average | 163.654 % | £124,376 | £200,376 |
| 6 Month Average | 155.527 % | £118,200 | £194,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £150,636 | £148,000 | FLAT 22 ADMIRAL GARDENS |
| 30 Nov 2023 | £309,583 | £305,000 | FLAT 8 ADMIRAL GARDENS |
| 21 Aug 2023 | £353,089 | £350,000 | FLAT 28 DRAKE HOUSE MEDINA GARDENS |
| 1 Mar 2023 | £353,329 | £350,000 | FLAT 20 ADMIRAL GARDENS |
| 17 Aug 2022 | £723,054 | £725,000 | OLDE TOWNE HOUSE UNION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Terminus Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Terminus Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Terminus Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Terminus Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Terminus Road |