THE CEDARS MAIN ROAD

£298,484

Full Address

THE CEDARS MAIN ROAD
WELLOW
YARMOUTH
ISLE OF WIGHT
UNITED KINGDOM
PO41 0TE

Estimated Market Value

£298,484

This estimated value is based upon the latest sale price for the house of £59,500 on 18 Jul 1997. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1

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Transactions for this house
Price PaidDate
£59,50018 Jul 1997
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 July 1997 the House Price Index for ISLE OF WIGHT was 29.2.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 401.654%.

Applying this 401.654% change to the original purchase price of £59,500 results in an estimated price of approximately £298,484.

18 Jul 1997 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
29.2 146.7 401.654 % £59,500 £238,984 £298,484

The Postcode Pricing Model uses changes in average sales price within the PO41 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 504.907 % £300,419 £359,919
3 Month Average 281.637 % £167,574 £227,074
6 Month Average 308.162 % £183,356 £242,856
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Violence and sexual offences Unable to prosecute suspect On or near Parking Area
Dec 2023 Violence and sexual offences Unable to prosecute suspect On or near Parking Area
Mar 2024 Violence and sexual offences Under investigation On or near Main Road
Feb 2024 Public order Investigation complete; no suspect identified On or near Parking Area
Mar 2024 Criminal damage and arson Investigation complete; no suspect identified On or near Blacksmiths Lane

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Companies Near Here
ROSSITER'S VINEYARD LIMITED
ROSSITER'S FARMHOUSE WELLOW ISLE OF WIGHT PO41 0TE
ROSSITERS IOW LTD
Rossiters Main Road Wellow Yarmouth United Kingdom PO41 0TE
WAYNE ISAACSON TREE CONSULTANCY LTD
Glenrae Main Road Wellow Yarmouth Isle Of Wight United Kingdom PO41 0TE
APH DEVELOPMENTS (IW) LIMITED
Manor Farm Wellow Top Road Wellow Yarmouth England PO41 0TB
SHADY LADY FARMS LIMITED
Manor Farm Wellow Top Road Wellow Yarmouth Isle Of Wight PO41 0TB

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People Near Here
Professor Rodney John Thompson
Rossiters Farmhouse , PO41 0TE
Mrs Rachel Clare Holmes
Manor Farm Wellow Top Road, Wellow, PO41 0TB
Mr Stephen Higginson
Rossiters Main Road, Wellow, PO41 0TE
Mr John Beavis
Alma Cottage Wellow Top Road Wellow, PO41 0TB
Mr Anthony Peter Holmes
Manor Farm Wellow Top Road, Wellow, PO41 0TB
RACHEL CLARE HOLMES
MANOR FARM WELLOW, YARMOUTH, PO41 0TB
JOHN JEREMY COATSWORTH Historic Information ACCOUNTANT
ALMA COTTAGE TOP ROAD, WELLOW, PO41 0TB
Ms Charmaine Rivers
Rossiters Main Road, Wellow, PO41 0TE
Mr Wayne Isaacson
Glenrae Main Road Wellow, Yarmouth, PO41 0TE

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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