£142,688
This estimated value is based upon the latest sale price for the house of £119,000 on 4 Aug 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £119,000 | 4 Aug 2020 |
| £100,000 | 25 Jan 2017 |
| Freehold |
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 August 2020 the House Price Index for ISLE OF WIGHT was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £119,000 results in an estimated price of approximately £142,688.
| 4 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £119,000 | £23,688 | £142,688 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 40.601 % | £48,314 | £167,314 |
| 3 Month Average | 12.595 % | £14,987 | £133,987 |
| 6 Month Average | -2.453 % | £-2,919 | £116,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £133,984 | £132,000 | 1 COTTAGE MEWS |
| 17 Nov 2023 | £109,623 | £108,000 | FLAT 2 ROSALI HOUSE, 4 TRAFALGAR ROAD |
| 26 Jun 2023 | £236,869 | £234,000 | 11 TERRACE ROAD |
| 1 Sep 2022 | £257,917 | £260,000 | 1 TRAFALGAR ROAD |
| 26 Aug 2022 | £125,662 | £126,000 | FLAT 7 LININGTON COURT UNION STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bignor Place |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Bignor Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bignor Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bignor Place |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Union Street |