123, BINSTEAD LODGE ROAD, BINSTEAD, RYDE, PO33 3UB - £267,000

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.

123 BINSTEAD LODGE ROAD is a detached house, which could now be worth an estimated £255,047. It was last sold for £267,000 in February 2022, which was around 33% below the average February 2022 detached price in the Isle of Wight local authority area.

123 BINSTEAD LODGE ROAD Sold Prices

Land registry data shows one sale for 123 BINSTEAD LODGE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 FEB	£267,000	£397,693	33% below HPI

What might 123 BINSTEAD LODGE ROAD be worth now?

123 BINSTEAD LODGE ROAD might now be worth an estimated £255,047.

This is based on house price deflation of 4.5%, between February 2022 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 4.5% deflationary decrease is applied to the most recent sale price for 123 BINSTEAD LODGE ROAD of £267,000 on 15th February 2022. For the value to have decreased from £267,000 to £255,047 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 123 BINSTEAD LODGE ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2022 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 123 BINSTEAD LODGE ROAD has not materially changed since February 2022.

Where is 123 BINSTEAD LODGE ROAD?

123 BINSTEAD LODGE ROAD is located in BINSTEAD, in the PO33 postcode district.