£638,417
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£450,000 | 4 Sep 2015 |
£91,000 | 28 Aug 1997 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,340 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in September 2015 the House Price Index for ISLE OF WIGHT was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £450,000 results in an estimated price of approximately £638,417.
4 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £450,000 | £188,417 | £638,417 |
The Postcode Pricing Model uses changes in average sales price within the PO31 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 4.160 % | £18,720 | £468,720 |
3 Month Average | 25.876 % | £116,440 | £566,440 |
6 Month Average | 23.856 % | £107,351 | £557,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £435,569 | £430,000 | 46 CHURCH ROAD |
11 Aug 2023 | £413,618 | £410,000 | 12 TILBURY ROAD |
2 Jun 2023 | £594,198 | £587,000 | 28 THE AVENUE |
24 Mar 2023 | £353,329 | £350,000 | 3 THE AVENUE |
12 Aug 2022 | £448,792 | £450,000 | 5 TILBURY ROAD |
This house has a floor area of 124 sq meters or 1,340 sq feet when measured on 17 Sep 2010. Using an estimated price of £638,418 means this house is valued at £5,127 per sq meter (£476 per sq foot).
The average size of a house on COCKLETON LANE is 153 sq meters (1,652 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilton Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hilton Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Glen Place |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |