£367,565
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 15 Sep 2017 |
| £250,000 | 10 Oct 2008 |
| £243,500 | 20 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 September 2017 the House Price Index for ISLE OF WIGHT was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £290,000 results in an estimated price of approximately £367,565.
| 15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £290,000 | £77,565 | £367,565 |
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 | 74.549 % | £216,192 | £506,192 |
| 3 Month Average | 62.222 % | £180,443 | £470,443 |
| 6 Month Average | 44.969 % | £130,411 | £420,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £593,791 | £585,000 | THE HAVEN VICTORIA ROAD |
| 22 Jun 2023 | £268,249 | £265,000 | FLAT 1 LANGTRY HOUSE VICTORIA ROAD |
| 10 Feb 2023 | £517,152 | £517,500 | APPLE BARNS HOUSE VICTORIA ROAD |
| 24 Nov 2022 | £330,991 | £335,000 | LITTLE HOLME VICTORIA ROAD |
| 20 Oct 2022 | £313,623 | £317,000 | 1 WESTBURY VICTORIA ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 1 Jun 2017. Using an estimated price of £367,565 means this house is valued at £3,037 per sq meter (£282 per sq foot).
The average size of a house on VICTORIA ROAD is 116 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Everard Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackbridge Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Square |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near The Square |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Camp Road |