OAKLAND, BINSTEAD ROAD, RYDE, PO33 3RD - £167,000

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.

OAKLAND is a semi-detached house, which could now be worth an estimated £248,028. It was last sold for £167,000 in August 2008, which was around 7% below the average August 2008 semi-detached price in the Isle of Wight local authority area.

OAKLAND Sold Prices

Land registry data shows three sales for OAKLAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. The three OAKLAND sales were a mix of below the average price, and roughly equal to 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
2008 13 AUG	£167,000	£179,024	7% below HPI
2007 12 FEB	£178,000	£177,662	Close to HPI
2001 7 DEC	£86,500	£96,376	10% below HPI

What might OAKLAND be worth now?

OAKLAND might now be worth an estimated £248,028.

This is based on house price inflation of 48.5%, between August 2008 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 48.5% inflationary increase is applied to the most recent sale price for OAKLAND of £167,000 on 13th August 2008. For the value to have increased from £167,000 to £248,028 over the eighteen years and four months to April 2026, the following assumptions must hold true:

• The value of OAKLAND has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The August 2008 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLAND has not materially changed since August 2008.

Where is OAKLAND?

OAKLAND is located on BINSTEAD ROAD in RYDE, in the PO33 postcode district.