£153,626
This estimated value is based upon the latest sale price for the house of £123,500 on 8 Jun 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 |
|---|---|
| £123,500 | 8 Jun 2018 |
| £80,000 | 10 Feb 2017 |
| £65,000 | 9 Jul 2010 |
| £121,000 | 7 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 664 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 June 2018 the House Price Index for ISLE OF WIGHT was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £123,500 results in an estimated price of approximately £153,626.
| 8 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £123,500 | £30,126 | £153,626 |
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 | 47.307 % | £58,424 | £181,924 |
| 3 Month Average | 52.278 % | £64,563 | £188,063 |
| 6 Month Average | 40.036 % | £49,444 | £172,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £355,806 | £351,017 | KINGS HOUSE, 32 HIGH STREET |
| 4 Jul 2022 | £245,661 | £245,000 | TOPPLY TOWN LANE |
| 6 Dec 2021 | £214,275 | £200,000 | 22 YORK ROAD |
| 9 Jul 2021 | £99,986 | £87,000 | 21B YORK ROAD |
| 25 Nov 2020 | £220,277 | £190,000 | 18 YORK ROAD |
This house has a floor area of 61 sq meters or 664 sq feet when measured on 24 Jul 2010. Using an estimated price of £153,627 means this house is valued at £2,490 per sq meter (£231 per sq foot).
The average size of a house on WILKES ROAD is 94 sq meters (1,018 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (664 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Wilkes Road |
| Dec 2023 | Drugs | Local resolution | On or near Wilkes Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Union Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Guadeloupe Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Guadeloupe Road |