£233,072
This estimated value is based upon the latest sale price for the house of £52,000 on 26 Mar 1999. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £52,000 | 26 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
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 March 1999 the House Price Index for ISLE OF WIGHT was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £52,000 results in an estimated price of approximately £233,072.
| 26 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £52,000 | £181,072 | £233,072 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | 48.567 % | £25,255 | £77,255 |
| 3 Month Average | 169.231 % | £87,999 | £139,999 |
| 6 Month Average | 196.715 % | £102,291 | £154,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £153,066 | £150,800 | FLAT 5 REDCLIFFE, 34 ESPLANADE |
| 10 Aug 2023 | £252,156 | £249,950 | FLAT 7 SAMANTHA COURT, 14 CRESCENT ROAD |
| 14 Apr 2023 | £252,721 | £250,000 | FLAT 6 CRESCENT COURT EAST MOUNT ROAD |
| 1 Jun 2022 | £355,017 | £350,000 | FLAT 15 EASTCLIFF COURT, 1 EASTCLIFF PROMENADE |
| 23 May 2022 | £208,937 | £205,000 | FLAT 10 EASTCLIFF COURT CRESCENT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Esplanade |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastcliff Promenade |
| Mar 2024 | Other theft | Under investigation | On or near Crescent Road |
| Mar 2024 | Public order | Under investigation | On or near Crescent Road |