£168,043
This estimated value is based upon the latest sale price for the house of £60,000 on 25 Jul 2002. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £60,000 | 25 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,025 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 2002 the House Price Index for ISLE OF WIGHT was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £60,000 results in an estimated price of approximately £168,043.
| 25 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £60,000 | £108,043 | £168,043 |
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 | 136.630 % | £81,977 | £141,977 |
| 3 Month Average | 208.508 % | £125,104 | £185,104 |
| 6 Month Average | 170.415 % | £102,248 | £162,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £369,980 | £365,000 | 4 WEST ASHEY COTTAGES ASHEY ROAD |
| 17 Mar 2023 | £90,856 | £90,000 | 11 ASHEY PARK |
| 28 Feb 2023 | £183,876 | £184,000 | 1 ASHEY PARK |
| 12 Jan 2023 | £1,094,843 | £1,100,000 | GREEN MEADOW STATION ROAD |
| 4 Jul 2022 | £566,525 | £565,000 | LITTLE GROVE LOWER ROAD |
This house has a floor area of 95 sq meters or 1,025 sq feet when measured on 13 Jun 2009. Using an estimated price of £168,043 means this house is valued at £1,764 per sq meter (£163 per sq foot).
There is one other house on the street which we know the size of, this is 1 NUNWELL COTTAGES EAST ASHEY LANE it is 106.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Green Lane |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Gatehouse Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Upper Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Upper Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroud Wood Road |