1, SIMMONDS CLOSE, FRESHWATER, PO40 9RF - £243,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SIMMONDS CLOSE is a detached house, which could now be worth an estimated £341,305. It was last sold for £243,000 in November 2007, which was around 10% below the average November 2007 detached price in the Isle of Wight local authority area.

1 SIMMONDS CLOSE Sold Prices

Land registry data shows two sales for 1 SIMMONDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 1 SIMMONDS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 14 NOV	£243,000	£270,471	10% below HPI
2002 29 NOV	£154,950	£179,977	14% below HPI

What might 1 SIMMONDS CLOSE be worth now?

1 SIMMONDS CLOSE might now be worth an estimated £341,305.

This is based on house price inflation of 40.5%, between November 2007 and May 2026, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.5% inflationary increase is applied to the most recent sale price for 1 SIMMONDS CLOSE of £243,000 on 14th November 2007. For the value to have increased from £243,000 to £341,305 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 1 SIMMONDS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2007 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SIMMONDS CLOSE has not materially changed since November 2007.

Where is 1 SIMMONDS CLOSE?

1 SIMMONDS CLOSE is located in FRESHWATER, in the PO40 postcode district.