£335,880
This estimated value is based upon the latest sale price for the house of £60,000 on 17 Jun 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£60,000 | 17 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 1996 the House Price Index for ISLE OF WIGHT was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.800%.Applying this 459.800% change to the original purchase price of £60,000 results in an estimated price of approximately £335,880.
17 Jun 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 459.800 % | £60,000 | £275,880 | £335,880 |
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 | 93.897 % | £56,338 | £116,338 |
3 Month Average | 311.803 % | £187,082 | £247,082 |
6 Month Average | 314.132 % | £188,478 | £248,478 |
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 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 21 Sep 2018. Using an estimated price of £335,880 means this house is valued at £5,506 per sq meter (£511 per sq foot).
The average size of a house on CHINE AVENUE is 105 sq meters (1,131 sq feet).
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 |