£109,704
This estimated value is based upon the latest sale price for the house of £110,000 on 18 Aug 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £110,000 | 18 Aug 2022 |
| £116,000 | 30 Jun 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 August 2022 the House Price Index for ISLE OF WIGHT was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £110,000 results in an estimated price of approximately £109,704.
| 18 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £110,000 | £-295 | £109,704 |
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 | 8.144 % | £8,958 | £118,958 |
| 3 Month Average | 0.075 % | £82 | £110,082 |
| 6 Month Average | -11.564 % | £-12,720 | £97,279 |
| 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 57 sq meters or 613 sq feet when measured on 27 Oct 2021. Using an estimated price of £109,705 means this house is valued at £1,924 per sq meter (£178 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 |