£222,130
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Jun 2007. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £140,000 | 7 Jun 2007 |
| 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 June 2007 the House Price Index for ISLE OF WIGHT was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £140,000 results in an estimated price of approximately £222,130.
| 7 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £140,000 | £82,130 | £222,130 |
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 | -46.025 % | £-64,435 | £75,564 |
| 3 Month Average | 17.227 % | £24,117 | £164,117 |
| 6 Month Average | 16.699 % | £23,378 | £163,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £360,151 | £357,000 | 27 ALBERT ROAD |
| 10 Mar 2023 | £122,403 | £121,250 | FLAT 7A RYCHRIS COURT, 8 VICTORIA AVENUE |
| 23 Sep 2022 | £322,397 | £325,000 | 17 ALBERT ROAD |
| 25 May 2022 | £264,993 | £260,000 | 27 HATHERTON ROAD |
| 29 Apr 2022 | £247,152 | £240,000 | 9 ST JOHNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Drugs | Under investigation | On or near Parking Area |
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchardleigh Mews |