£434,930
This estimated value is based upon the latest sale price for the house of £345,000 on 22 Nov 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £345,000 | 22 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 November 2017 the House Price Index for ISLE OF WIGHT was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £345,000 results in an estimated price of approximately £434,930.
| 22 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £345,000 | £89,930 | £434,930 |
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 | 22.096 % | £76,230 | £421,230 |
| 3 Month Average | 19.888 % | £68,612 | £413,612 |
| 6 Month Average | 24.272 % | £83,739 | £428,739 |
| 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 |
| 11 Jul 2023 | £263,547 | £260,000 | 4 ALBERT ROAD |
| 2 Jun 2023 | £594,198 | £587,000 | 28 THE AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 12 Feb 2015. Using an estimated price of £434,931 means this house is valued at £3,020 per sq meter (£280 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 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Worsley Road |