£232,906
This estimated value is based upon the latest sale price for the house of £189,000 on 16 Oct 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £189,000 | 16 Oct 2018 |
| £153,750 | 6 Dec 2013 |
| £45,000 | 27 Nov 1996 |
| Terraced |
| 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 2018 the House Price Index for ISLE OF WIGHT was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £189,000 results in an estimated price of approximately £232,906.
| 16 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £189,000 | £43,906 | £232,906 |
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 | 71.349 % | £134,849 | £323,849 |
| 3 Month Average | 48.749 % | £92,134 | £281,134 |
| 6 Month Average | 46.892 % | £88,625 | £277,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £328,985 | £325,000 | 32 NEW ROAD |
| 2 Jun 2023 | £196,379 | £194,000 | FLAT 5 70 NEW ROAD |
| 9 Jan 2023 | £378,218 | £380,000 | IKEN CHURCH LANE |
| 1 Nov 2022 | £212,427 | £215,000 | 4 SYDNEY TERRACE |
| 10 Aug 2022 | £543,537 | £545,000 | HIGHDOWN THE MALL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Jan 2024 | Drugs | Under investigation | On or near Lower Furlongs |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lower Furlongs |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near West Street |