8, BINSTEAD HILL, RYDE, PO33 3RR - £16,000

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.

8 BINSTEAD HILL is a semi-detached house, which could now be worth an estimated £47,359. It was last sold for £16,000 in October 2001, which was around 82% below the average October 2001 semi-detached price in the Isle of Wight local authority area.

8 BINSTEAD HILL Sold Prices

Land registry data shows two sales for 8 BINSTEAD HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 8 BINSTEAD HILL 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
2001 19 OCT	£16,000	£89,829	82% below HPI
1997 31 OCT	£39,995	£52,892	24% below HPI

What might 8 BINSTEAD HILL be worth now?

8 BINSTEAD HILL might now be worth an estimated £47,359.

This is based on house price inflation of 196%, between October 2001 and April 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 196% inflationary increase is applied to the most recent sale price for 8 BINSTEAD HILL of £16,000 on 19th October 2001. For the value to have increased from £16,000 to £47,359 over the 25 years and six months to April 2026, the following assumptions must hold true:

• The value of 8 BINSTEAD HILL has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The October 2001 sale price of £16,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BINSTEAD HILL has not materially changed since October 2001.

Where is 8 BINSTEAD HILL?

8 BINSTEAD HILL is located in RYDE, in the PO33 postcode district.