£244,824
This estimated value is based upon the latest sale price for the house of £198,500 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Magnolia Drive
More crime details
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| Price Paid | Date |
|---|---|
| £198,500 | 19 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for ISLE OF WIGHT was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £198,500 results in an estimated price of approximately £244,824.
| 19 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £198,500 | £46,324 | £244,824 |
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 | 76.055 % | £150,968 | £349,468 |
| 3 Month Average | 67.185 % | £133,361 | £331,861 |
| 6 Month Average | 32.838 % | £65,182 | £263,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £243,607 | £240,000 | 277 UPTON ROAD |
| 3 Nov 2023 | £263,907 | £260,000 | 51 COLENUTTS ROAD |
| 5 Jun 2023 | £217,636 | £215,000 | 15 COLENUTTS ROAD |
| 17 Apr 2023 | £244,634 | £242,000 | 49 COLENUTTS ROAD |
| 11 Nov 2022 | £197,557 | £199,950 | 2B SALTERS ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 18 Mar 2019. Using an estimated price of £244,825 means this house is valued at £2,814 per sq meter (£261 per sq foot).
The average size of a house on COLENUTTS ROAD is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Magnolia Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |