5, NEWNHAM ROAD, BINSTEAD, RYDE, PO33 3TD - £161,000

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.

5 NEWNHAM ROAD is a semi-detached house, which could now be worth an estimated £176,383. It was last sold for £161,000 in February 2021, which was around 34% below the average February 2021 semi-detached price in the Isle of Wight local authority area.

5 NEWNHAM ROAD Sold Prices

Land registry data shows one sale for 5 NEWNHAM ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2021 19 FEB	£161,000	£244,817	34% below HPI

What might 5 NEWNHAM ROAD be worth now?

5 NEWNHAM ROAD might now be worth an estimated £176,383.

This is based on house price inflation of 9.6%, between February 2021 and March 2026, for semi-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 9.6% inflationary increase is applied to the most recent sale price for 5 NEWNHAM ROAD of £161,000 on 19th February 2021. For the value to have increased from £161,000 to £176,383 over the four years and eleven months to March 2026, the following assumptions must hold true:

• The value of 5 NEWNHAM ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The February 2021 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NEWNHAM ROAD has not materially changed since February 2021.

Where is 5 NEWNHAM ROAD?

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