£221,692
This estimated value is based upon the latest sale price for the house of £127,000 on 27 Nov 2009. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £127,000 | 27 Nov 2009 |
| £139,000 | 23 Feb 2007 |
| £142,500 | 28 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 651 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 November 2009 the House Price Index for ISLE OF WIGHT was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £127,000 results in an estimated price of approximately £221,692.
| 27 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £127,000 | £94,692 | £221,692 |
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 | -39.966 % | £-50,756 | £76,243 |
| 3 Month Average | 16.682 % | £21,186 | £148,186 |
| 6 Month Average | 28.802 % | £36,578 | £163,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £101,503 | £100,000 | 22D HIGH STREET |
| 3 Nov 2023 | £203,005 | £200,000 | FLAT 28 SHANKLIN TOWERS PROSPECT ROAD |
| 31 Mar 2023 | £227,140 | £225,000 | FLAT 27 SHANKLIN TOWERS PROSPECT ROAD |
| 27 Feb 2023 | £139,906 | £140,000 | 32 HIGH STREET |
| 4 Jan 2023 | £238,875 | £240,000 | FLAT 8 SHANKLIN TOWERS PROSPECT ROAD |
This house has a floor area of 60 sq meters or 651 sq feet when measured on 6 Nov 2008. Using an estimated price of £221,692 means this house is valued at £3,664 per sq meter (£340 per sq foot).
The average size of a house on PROSPECT ROAD is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Road |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near Prospect Road |
| Feb 2024 | Public order | Under investigation | On or near High Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near High Street |