£133,982
This estimated value is based upon the latest sale price for the house of £108,500 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £108,500 | 21 Sep 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 September 2018 the House Price Index for ISLE OF WIGHT was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £108,500 results in an estimated price of approximately £133,982.
| 21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £108,500 | £25,482 | £133,982 |
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 | 38.238 % | £41,488 | £149,988 |
| 3 Month Average | 63.737 % | £69,155 | £177,655 |
| 6 Month Average | 40.390 % | £43,823 | £152,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £95,838 | £95,000 | FLAT 3 STRAWBERRY HEIGHTS, 17A UNION ROAD |
| 25 Jul 2023 | £168,265 | £166,000 | 7 UNION ROAD |
| 28 Jun 2023 | £192,330 | £190,000 | 25A UNION ROAD |
| 28 Apr 2023 | £118,273 | £117,000 | FLAT 4 MONTANA HOUSE, 27 CROSS STREET |
| 17 Feb 2023 | £189,872 | £190,000 | 15 UNION ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 17 Aug 2016. Using an estimated price of £133,983 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on UNION ROAD is 58 sq meters (627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Offender given a caution | On or near Cross Street |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Cross Street |
| Dec 2023 | Anti-social behaviour | On or near Cross Street | |
| Dec 2023 | Anti-social behaviour | On or near Cross Street | |
| Dec 2023 | Anti-social behaviour | On or near Cross Street |