£706,892
This estimated value is based upon the latest sale price for the house of £695,000 on 5 May 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £695,000 | 5 May 2023 |
| £260,000 | 14 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2023 the House Price Index for ISLE OF WIGHT was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £695,000 results in an estimated price of approximately £706,892.
| 5 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £695,000 | £11,892 | £706,892 |
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 | -13.997 % | £-97,276 | £597,723 |
| 3 Month Average | -7.100 % | £-49,345 | £645,654 |
| 6 Month Average | -1.989 % | £-13,822 | £681,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £390,786 | £385,000 | 34 ALBERT ROAD |
| 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 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 20 Apr 2015.
The average size of a house on COCKLETON LANE is 153 sq meters (1,652 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 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 |
| Apr 2024 | Drugs | Further investigation is not in the public interest | On or near Bay View Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower Church Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |