£534,592
This estimated value is based upon the latest sale price for the house of £360,000 on 13 Mar 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£360,000 | 13 Mar 2015 |
£270,000 | 30 Jan 2009 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 March 2015 the House Price Index for ISLE OF WIGHT was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £360,000 results in an estimated price of approximately £534,592.
13 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £360,000 | £174,592 | £534,592 |
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 | -23.980 % | £-86,328 | £273,671 |
3 Month Average | 35.956 % | £129,440 | £489,440 |
6 Month Average | 67.990 % | £244,763 | £604,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £309,511 | £300,000 | 2 ROSEMEAD PLACE |
2 Nov 2023 | £574,585 | £560,000 | 7 ST LUKES DRIVE |
6 Sep 2023 | £582,848 | £570,000 | BROOKLANDS COTTAGE LANE END ROAD |
22 Aug 2023 | £122,204 | £120,000 | 12 ELMS COURT |
1 Aug 2023 | £891,071 | £875,000 | SAN BERNARDINO SWAINS ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 2 Jun 2016. Using an estimated price of £534,593 means this house is valued at £4,242 per sq meter (£394 per sq foot).
The average size of a house on LANE END CLOSE is 141 sq meters (1,519 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Lukes Drive |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Lukes Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willowdene Court |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |