£618,743
This estimated value is based upon the latest sale price for the house of £468,400 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £468,400 | 9 Dec 2016 |
| £220,000 | 19 Jul 2001 |
| £193,000 | 15 Feb 2000 |
| £96,500 | 2 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2016 the House Price Index for ISLE OF WIGHT was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £468,400 results in an estimated price of approximately £618,743.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £468,400 | £150,343 | £618,743 |
The Postcode Pricing Model uses changes in average sales price within the PO41 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 | -42.210 % | £-197,711 | £270,688 |
| 3 Month Average | -25.046 % | £-117,317 | £351,082 |
| 6 Month Average | -36.403 % | £-170,513 | £297,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £280,000 | £280,000 | 2 LOCKSLEY MEWS |
| 1 May 2024 | £171,000 | £171,000 | SIXPENNY CORNER TENNYSON ROAD |
| 24 Aug 2023 | £513,257 | £504,000 | KENT VILLA OMMANNEY ROAD |
| 22 Jul 2022 | £363,644 | £360,000 | PETAS COTTAGE ALMA PLACE |
| 16 Jun 2022 | £459,829 | £450,000 | 9 THE GLEN |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 Apr 2016. Using an estimated price of £618,744 means this house is valued at £6,445 per sq meter (£598 per sq foot).
The average size of a house on HIGH STREET is 114 sq meters (1,231 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Basketts Lane |
| Apr 2024 | Drugs | Local resolution | On or near A3054 |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Square |
| Jul 2024 | Shoplifting | Under investigation | On or near St James' Square |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James' Square |