£670,471
This estimated value is based upon the latest sale price for the house of £395,000 on 23 Apr 2010. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £395,000 | 23 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 282 sq meters or 3,044 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 April 2010 the House Price Index for ISLE OF WIGHT was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £395,000 results in an estimated price of approximately £670,471.
| 23 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £395,000 | £275,471 | £670,471 |
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 | 54.397 % | £214,866 | £609,866 |
| 3 Month Average | 82.780 % | £326,980 | £721,980 |
| 6 Month Average | 60.312 % | £238,234 | £633,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £243,607 | £240,000 | 277 UPTON ROAD |
| 8 Nov 2023 | £187,780 | £185,000 | 42 UPTON ROAD |
| 3 Nov 2023 | £263,907 | £260,000 | 51 COLENUTTS ROAD |
| 5 Jun 2023 | £217,636 | £215,000 | 15 COLENUTTS ROAD |
| 17 Apr 2023 | £244,634 | £242,000 | 49 COLENUTTS ROAD |
This house has a floor area of 282 sq meters or 3,044 sq feet when measured on 17 Feb 2009. Using an estimated price of £670,471 means this house is valued at £2,370 per sq meter (£220 per sq foot).
The average size of a house on GROVE ROAD is 209 sq meters (2,254 sq feet).
This house is the largest in the street with a floor area of 282 sq meters (3,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Grove Road |
| Jan 2024 | Public order | Under investigation | On or near Grove Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Corbett Road |
| Dec 2023 | Anti-social behaviour | On or near Corbett Road | |
| Dec 2023 | Anti-social behaviour | On or near Corbett Road |