£380,731
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Dec 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 20 Dec 2006 |
| 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 December 2006 the House Price Index for ISLE OF WIGHT was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £230,000 results in an estimated price of approximately £380,731.
| 20 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £230,000 | £150,731 | £380,731 |
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 | -51.324 % | £-118,045 | £111,954 |
| 3 Month Average | 1.220 % | £2,805 | £232,805 |
| 6 Month Average | 10.184 % | £23,423 | £253,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £196,721 | £195,000 | FLAT 11 NAPIER APARTMENTS, 16 ESPLANADE |
| 21 Jul 2023 | £253,411 | £250,000 | 2 SUNNY BEACH APARTMENTS, 32 ESPLANADE |
| 1 Jun 2023 | £759,196 | £750,000 | 12 QUEENS ROAD |
| 30 Nov 2022 | £459,435 | £465,000 | APARTMENT 5 THE BAY HOUSE, 8 CHINE AVENUE |
| 15 Jul 2022 | £376,012 | £375,000 | FLAT 19 SAVOY COURT, 7 CHINE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Everton Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Osborne Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Osborne Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Osborne Road |