£211,247
This estimated value is based upon the latest sale price for the house of £139,500 on 12 Aug 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Cross Lane
More crime details
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Price Paid | Date |
---|---|
£139,500 | 12 Aug 2014 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 August 2014 the House Price Index for ISLE OF WIGHT was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £139,500 results in an estimated price of approximately £211,247.
12 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £139,500 | £71,747 | £211,247 |
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 | -23.847 % | £-33,266 | £106,233 |
3 Month Average | 24.630 % | £34,358 | £173,858 |
6 Month Average | 29.828 % | £41,610 | £181,110 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £260,862 | £257,000 | 18 VICTORIA ROAD |
16 Nov 2023 | £151,239 | £149,000 | 59 CROSS LANE |
13 Jul 2023 | £248,342 | £245,000 | 12 ST PAULS VIEW ROAD |
1 Mar 2023 | £234,207 | £232,000 | 62 HALBERRY LANE |
18 Nov 2021 | £183,857 | £170,000 | 27 VICTORIA ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Apr 2014. Using an estimated price of £211,247 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on CROSS LANE is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Lane |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cross Lane |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cross Lane |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howard Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |