£336,827
This estimated value is based upon the latest sale price for the house of £198,000 on 6 Oct 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There have been three burglaries within the last year on or near Osborne Road
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| Price Paid | Date |
|---|---|
| £198,000 | 6 Oct 2010 |
| £98,000 | 18 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 926 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 2010 the House Price Index for ISLE OF WIGHT was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £198,000 results in an estimated price of approximately £336,827.
| 6 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £198,000 | £138,827 | £336,827 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -45.844 % | £-90,770 | £107,229 |
| 3 Month Average | 6.536 % | £12,940 | £210,940 |
| 6 Month Average | 12.814 % | £25,372 | £223,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £759,196 | £750,000 | 12 QUEENS ROAD |
| 28 Apr 2023 | £485,225 | £480,000 | 17 QUEENS ROAD |
| 30 Nov 2022 | £459,435 | £465,000 | APARTMENT 5 THE BAY HOUSE, 8 CHINE AVENUE |
| 8 Jun 2022 | £750,608 | £740,000 | APARTMENT 13 THE BAY HOUSE, 8 CHINE AVENUE |
| 1 Jun 2022 | £507,167 | £500,000 | APARTMENT 7 THE BAY HOUSE, 8 CHINE AVENUE |
This house has a floor area of 86 sq meters or 926 sq feet when measured on 6 Aug 2009. Using an estimated price of £336,828 means this house is valued at £3,913 per sq meter (£363 per sq foot).
The average size of a house on OSBORNE ROAD is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Osborne Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Osborne Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Osborne Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastcliff Promenade |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarendon Road |