£474,927
This estimated value is based upon the latest sale price for the house of £305,000 on 16 Apr 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £305,000 | 16 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 April 2014 the House Price Index for ISLE OF WIGHT was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £305,000 results in an estimated price of approximately £474,927.
| 16 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £305,000 | £169,927 | £474,927 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 61.549 % | £187,724 | £492,724 |
| 3 Month Average | 65.565 % | £199,971 | £504,971 |
| 6 Month Average | 83.782 % | £255,533 | £560,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £706,178 | £700,000 | CEDAR COTTAGE SWAINS ROAD |
| 1 Aug 2023 | £882,722 | £875,000 | SAN BERNARDINO SWAINS ROAD |
| 30 Mar 2023 | £509,803 | £505,000 | 40 MEADOW DRIVE |
| 8 Feb 2023 | £539,637 | £540,000 | 58 MEADOW DRIVE |
| 22 Jul 2022 | £741,997 | £740,000 | 57 MEADOW DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Sep 2013. Using an estimated price of £474,928 means this house is valued at £5,522 per sq meter (£513 per sq foot).
The average size of a house on NIGHTINGALE CLOSE is 134 sq meters (1,446 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foreland Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Lane End Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lane End Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lane End Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lane End Close |