£416,707
This estimated value is based upon the latest sale price for the house of £240,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£240,000 | 25 Nov 2011 |
£185,000 | 17 Apr 2009 |
£220,000 | 5 May 2005 |
Detached |
Freehold |
Floor Area: 90 sq meters or 974 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 2011 the House Price Index for ISLE OF WIGHT was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £240,000 results in an estimated price of approximately £416,707.
25 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £240,000 | £176,707 | £416,707 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 21.903 % | £52,568 | £292,568 |
3 Month Average | 36.559 % | £87,740 | £327,740 |
6 Month Average | 35.078 % | £84,187 | £324,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £544,920 | £534,000 | FERNLEA BUCKBURY LANE |
17 Feb 2023 | £468,127 | £465,000 | 155C STAPLERS ROAD |
22 Jul 2022 | £156,569 | £155,000 | FLAT 6 138 STAPLERS ROAD |
3 May 2022 | £205,350 | £200,000 | PLOT 5 BUCKBURY LANE |
13 Dec 2021 | £372,361 | £345,000 | 181 STAPLERS ROAD |
This house has a floor area of 90 sq meters or 974 sq feet when measured on 7 Jun 2011. Using an estimated price of £416,708 means this house is valued at £4,601 per sq meter (£427 per sq foot).
The average size of a house on LONG LANE is 113 sq meters (1,224 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Long Lane |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Heathfield Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Saxon Close |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Saxon Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Beadmans Grove |