£241,158
This estimated value is based upon the latest sale price for the house of £158,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £158,000 | 16 May 2014 |
| £139,000 | 12 Aug 2003 |
| £90,000 | 10 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 May 2014 the House Price Index for ISLE OF WIGHT was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £158,000 results in an estimated price of approximately £241,158.
| 16 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £158,000 | £83,158 | £241,158 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 54.279 % | £85,760 | £243,760 |
| 3 Month Average | 56.974 % | £90,018 | £248,018 |
| 6 Month Average | 49.829 % | £78,730 | £236,730 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Dec 2015.
The average size of a house on ESPLANADE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ferncliff Road | |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ferncliff Road |
| Mar 2024 | Bicycle theft | Under investigation | On or near Pier Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Pier Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Pier Street |