£234,388
This estimated value is based upon the latest sale price for the house of £176,950 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £176,950 | 14 Oct 2016 |
| 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 October 2016 the House Price Index for ISLE OF WIGHT was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £176,950 results in an estimated price of approximately £234,388.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £176,950 | £57,438 | £234,388 |
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 | -21.350 % | £-37,778 | £139,171 |
| 3 Month Average | 2.541 % | £4,495 | £181,445 |
| 6 Month Average | 8.678 % | £15,355 | £192,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £145,547 | £143,000 | APARTMENT 1 BEATRICE COURT, 16 HOPE ROAD |
| 24 Mar 2023 | £74,956 | £74,250 | APARTMENT 15 BEATRICE COURT, 16 HOPE ROAD |
| 18 Feb 2023 | £119,919 | £120,000 | APARTMENT 3 BEATRICE COURT, 16 HOPE ROAD |
| 30 Nov 2022 | £59,282 | £60,000 | APARTMENT 10 BEATRICE COURT, 16 HOPE ROAD |
| 29 Jul 2022 | £220,594 | £220,000 | 2 ARTHURS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Culver Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Boniface Cliff Road |
| Mar 2024 | Other crime | Under investigation | On or near St Boniface Cliff Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Boniface Cliff Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arthur'S Hill |