£282,894
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Nov 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 18 Nov 2020 |
| £176,000 | 9 Feb 2007 |
| Semi-Detached |
| Freehold |
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 2020 the House Price Index for ISLE OF WIGHT was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £245,000 results in an estimated price of approximately £282,894.
| 18 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £245,000 | £37,894 | £282,894 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | -10.491 % | £-25,702 | £219,297 |
| 3 Month Average | 21.202 % | £51,943 | £296,943 |
| 6 Month Average | 21.191 % | £51,918 | £296,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £310,000 | £310,000 | SUNNYDALE WESTLANDS |
| 3 Apr 2024 | £192,500 | £192,500 | 12 MARTINE CLOSE |
| 8 Mar 2024 | £253,858 | £253,000 | MAIDA COTTAGE COLWELL LANE |
| 15 Nov 2023 | £211,211 | £208,500 | 6 JAMESON GARDENS |
| 21 Aug 2023 | £266,621 | £265,000 | 3 PRINCES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Colwell Lane | |
| Mar 2024 | Anti-social behaviour | On or near Colwell Lane | |
| Feb 2024 | Anti-social behaviour | On or near Colwell Lane | |
| Feb 2024 | Anti-social behaviour | On or near Colwell Lane | |
| Feb 2024 | Anti-social behaviour | On or near Colwell Lane |