£791,831
This estimated value is based upon the latest sale price for the house of £675,000 on 23 Oct 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 |
|---|---|
| £675,000 | 23 Oct 2020 |
| £400,000 | 10 Mar 2017 |
| 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 October 2020 the House Price Index for ISLE OF WIGHT was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £675,000 results in an estimated price of approximately £791,831.
| 23 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £675,000 | £116,831 | £791,831 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | -11.001 % | £-74,254 | £600,745 |
| 3 Month Average | -9.661 % | £-65,210 | £609,789 |
| 6 Month Average | 18.177 % | £122,692 | £797,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £872,924 | £860,000 | 16A STEEPHILL COURT ROAD |
| 9 Jun 2023 | £151,839 | £150,000 | 16 CASTLE COURT |
| 3 Mar 2022 | £704,658 | £680,000 | 9 STEEPHILL COURT ROAD |
| 17 Dec 2021 | £428,551 | £400,000 | 24 FOXHILLS |
| 30 Sep 2021 | £355,606 | £330,000 | SHELDONIA UNDERCLIFF DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Undercliff Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gill'S Cliff Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rew Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rew Close |
| Feb 2024 | Anti-social behaviour | On or near Rew Close |