£986,667
This estimated value is based upon the latest sale price for the house of £580,000 on 6 Oct 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 |
|---|---|
| £580,000 | 6 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 October 2010 the House Price Index for ISLE OF WIGHT was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £580,000 results in an estimated price of approximately £986,667.
| 6 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £580,000 | £406,667 | £986,667 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | 34.308 % | £198,986 | £778,986 |
| 3 Month Average | 98.545 % | £571,563 | £1,151,563 |
| 6 Month Average | 105.391 % | £611,265 | £1,191,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £717,624 | £707,000 | 43 SOLENT VIEW ROAD |
| 1 Sep 2023 | £1,266,190 | £1,250,000 | SUNNYMEAD SEAGROVE BAY |
| 17 Feb 2023 | £769,482 | £770,000 | HILLSIDE THE CLOSE |
| 15 Aug 2022 | £678,175 | £680,000 | 34 HORESTONE DRIVE |
| 20 Jun 2022 | £534,554 | £527,000 | VERANDAH COTTAGE THE CLOSE |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 8 Oct 2020. Using an estimated price of £986,668 means this house is valued at £5,803 per sq meter (£539 per sq foot).
The average size of a house on SEAGROVE BAY is 263 sq meters (2,830 sq feet).
This house is the smallest in the street with a floor area of 170 sq meters (1,829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pier Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holgate Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priory Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near East Green |