£151,251
This estimated value is based upon the latest sale price for the house of £71,500 on 30 Jan 2004. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £71,500 | 30 Jan 2004 |
| £36,000 | 4 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 January 2004 the House Price Index for ISLE OF WIGHT was 69.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 111.541%.Applying this 111.541% change to the original purchase price of £71,500 results in an estimated price of approximately £151,251.
| 30 Jan 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 146.7 | 111.541 % | £71,500 | £79,751 | £151,251 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 92.376 % | £66,048 | £137,548 |
| 3 Month Average | 83.252 % | £59,525 | £131,025 |
| 6 Month Average | 80.584 % | £57,617 | £129,117 |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 24 Jun 2021.
The average size of a house on FOREST WAY is 68 sq meters (731 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Woods Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddock |
| Mar 2024 | Anti-social behaviour | On or near Cupressus Avenue | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |