£347,815
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Jan 2005. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£185,000 | 6 Jan 2005 |
£170,000 | 12 Mar 2004 |
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 January 2005 the House Price Index for ISLE OF WIGHT was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £185,000 results in an estimated price of approximately £347,815.
6 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 148.6 | 88.008 % | £185,000 | £162,815 | £347,815 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 17.566 % | £32,497 | £217,497 |
3 Month Average | 58.351 % | £107,949 | £292,949 |
6 Month Average | 81.320 % | £150,441 | £335,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £317,780 | £315,000 | 1 MANOR VIEW MARLBOROUGH ROAD |
4 Apr 2023 | £11,120 | £11,000 | CAR PARKING SPACE 21 CHURCH STREET |
1 Mar 2023 | £393,709 | £390,000 | 2 MANOR HOUSE MARLBOROUGH ROAD |
15 Feb 2023 | £239,839 | £240,000 | APARTMENT 2 KAIA, 5 MARINE PARADE |
30 Nov 2022 | £286,529 | £290,000 | 2 SPRING COTTAGES MARLBOROUGH ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Esplanade Road |
Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
Jan 2024 | Anti-social behaviour | On or near Marine Parade | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hambrough Road |