31A, NEWNHAM ROAD, BINSTEAD, RYDE, PO33 3TE - £247,000

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.

31A NEWNHAM ROAD is a detached house, which could now be worth an estimated £301,197. It was last sold for £247,000 in October 2018, which was around 21% below the average October 2018 detached price in the Isle of Wight local authority area.

31A NEWNHAM ROAD Sold Prices

Land registry data shows two sales for 31A NEWNHAM ROAD 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 31A NEWNHAM ROAD 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
2018 31 OCT	£247,000	£311,532	21% below HPI
2017 10 MAY	£247,000	£295,296	16% below HPI

What might 31A NEWNHAM ROAD be worth now?

31A NEWNHAM ROAD might now be worth an estimated £301,197.

This is based on house price inflation of 21.9%, between October 2018 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 21.9% inflationary increase is applied to the most recent sale price for 31A NEWNHAM ROAD of £247,000 on 31st October 2018. For the value to have increased from £247,000 to £301,197 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 31A NEWNHAM ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2018 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 31A NEWNHAM ROAD has not materially changed since October 2018.

Where is 31A NEWNHAM ROAD?

31A NEWNHAM ROAD is located in BINSTEAD, in the PO33 postcode district.