£322,270
This estimated value is based upon the latest sale price for the house of £163,000 on 2 Jun 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £163,000 | 2 Jun 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 June 2004 the House Price Index for ISLE OF WIGHT was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £163,000 results in an estimated price of approximately £322,270.
| 2 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £163,000 | £159,270 | £322,270 |
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 | 65.842 % | £107,321 | £270,321 |
| 3 Month Average | 128.329 % | £209,175 | £372,175 |
| 6 Month Average | 99.184 % | £161,670 | £324,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £483,675 | £484,000 | 3 HUTCHINSON DRIVE |
| 24 Feb 2023 | £549,630 | £550,000 | 4 GREGORY AVENUE |
| 4 Jun 2022 | £684,676 | £675,000 | MEADOW VIEW OAKHILL ROAD |
| 24 May 2022 | £698,155 | £685,000 | HILLTOP LODGE OAKHILL ROAD |
| 14 Jan 2022 | £578,824 | £550,000 | 4 COACH HOUSE SPRINGFIELD COURT SPRINGVALE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Aug 2012. Using an estimated price of £322,270 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on OAKHILL ROAD is 178 sq meters (1,921 sq feet).
This house is the smallest in the street with a floor area of 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pondwell Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Burglary | Under investigation | On or near Springvale Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springvale Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Thornton Manor Drive |