4, QUARRY STONE CLOSE, BINSTEAD, RYDE, PO33 3ET - £750,000

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.

4 QUARRY STONE CLOSE is a detached house, which could now be worth an estimated £687,833. It was last sold for £750,000 in June 2022, which was around 81% above the average June 2022 detached price in the Isle of Wight local authority area.

4 QUARRY STONE CLOSE Sold Prices

Land registry data shows two sales for 4 QUARRY STONE 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 4 QUARRY STONE CLOSE sales were for above 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
2022 30 JUN	£750,000	£414,224	81% above HPI
2021 26 FEB	£710,000	£356,249	99% above HPI

What might 4 QUARRY STONE CLOSE be worth now?

4 QUARRY STONE CLOSE might now be worth an estimated £687,833.

This is based on house price deflation of 8.3%, between June 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 8.3% deflationary decrease is applied to the most recent sale price for 4 QUARRY STONE CLOSE of £750,000 on 30th June 2022. For the value to have decreased from £750,000 to £687,833 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 4 QUARRY STONE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 4 QUARRY STONE CLOSE has not materially changed since June 2022.

Where is 4 QUARRY STONE CLOSE?

4 QUARRY STONE CLOSE is located in BINSTEAD, in the PO33 postcode district.