£273,720
This estimated value is based upon the latest sale price for the house of £204,950 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Hearn Street
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Price Paid | Date |
---|---|
£204,950 | 24 Jun 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2016 the House Price Index for ISLE OF WIGHT was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £204,950 results in an estimated price of approximately £273,720.
24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £204,950 | £68,770 | £273,720 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 21.164 % | £43,376 | £248,326 |
3 Month Average | 30.541 % | £62,593 | £267,543 |
6 Month Average | 15.097 % | £30,942 | £235,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £120,101 | £118,000 | FLAT 44 SOMERS BROOK COURT FOXES ROAD |
21 Aug 2023 | £124,086 | £123,000 | 42 MEDINA COURT OLD WESTMINSTER LANE |
9 Aug 2023 | £131,147 | £130,000 | 11 MEDINA COURT OLD WESTMINSTER LANE |
7 Jul 2023 | £152,046 | £150,000 | 36 HEARN STREET |
30 Jun 2023 | £121,471 | £120,000 | 10 MEDINA COURT OLD WESTMINSTER LANE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 27 Jan 2014. Using an estimated price of £273,721 means this house is valued at £4,887 per sq meter (£454 per sq foot).
The average size of a house on FOXES ROAD is 64 sq meters (690 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Hearn Street |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hearn Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Foxes Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxes Road |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |