£139,058
This estimated value is based upon the latest sale price for the house of £115,000 on 10 Jul 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £115,000 | 10 Jul 2020 |
| £113,000 | 18 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 July 2020 the House Price Index for ISLE OF WIGHT was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £115,000 results in an estimated price of approximately £139,058.
| 10 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £115,000 | £24,058 | £139,058 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 24.798 % | £28,518 | £143,518 |
| 3 Month Average | 29.602 % | £34,042 | £149,042 |
| 6 Month Average | 3.311 % | £3,807 | £118,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £212,720 | £210,000 | 8 - 8A HIGH STREET |
| 17 Mar 2023 | £53,504 | £53,000 | FLAT 8 SAVOY COURT TOWN LANE |
| 24 Feb 2023 | £52,964 | £53,000 | FLAT 25 SAVOY COURT TOWN LANE |
| 18 Jan 2023 | £94,555 | £95,000 | FLAT 4 132 PYLE STREET |
| 21 Oct 2022 | £239,422 | £242,000 | 41 SOUTH STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Mar 2019. Using an estimated price of £139,058 means this house is valued at £2,528 per sq meter (£234 per sq foot).
The average size of a house on SOUTH STREET is 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near South Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near South Street |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near South Street |
| Mar 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |