£105,181
This estimated value is based upon the latest sale price for the house of £79,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £79,000 | 5 Aug 2016 |
| £79,950 | 4 Jan 2013 |
| £85,000 | 4 Nov 2011 |
| £91,000 | 2 Mar 2007 |
| 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 August 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £79,000 results in an estimated price of approximately £105,181.
| 5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £79,000 | £26,181 | £105,181 |
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 | 68.019 % | £53,734 | £132,734 |
| 3 Month Average | 58.324 % | £46,075 | £125,075 |
| 6 Month Average | 41.502 % | £32,786 | £111,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £111,959 | £110,000 | FLAT 11 HOMEBRAY HOUSE MARY ROSE AVENUE |
| 25 Sep 2023 | £96,230 | £95,000 | FLAT 24 HOMEBRAY HOUSE MARY ROSE AVENUE |
| 13 Sep 2023 | £86,101 | £85,000 | FLAT 26 HOMEBRAY HOUSE MARY ROSE AVENUE |
| 30 Jun 2023 | £89,079 | £88,000 | FLAT 36 HOMEBRAY HOUSE MARY ROSE AVENUE |
| 7 Mar 2023 | £75,713 | £75,000 | FLAT 19 HOMEBRAY HOUSE MARY ROSE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Brannon Way |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Brannon Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brannon Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |