£982,846
This estimated value is based upon the latest sale price for the house of £590,000 on 6 Aug 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £590,000 | 6 Aug 2013 |
| £237,500 | 26 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 2013 the House Price Index for ISLE OF WIGHT was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £590,000 results in an estimated price of approximately £982,846.
| 6 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £590,000 | £392,846 | £982,846 |
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 | -1.264 % | £-7,460 | £582,539 |
| 3 Month Average | 17.944 % | £105,871 | £695,871 |
| 6 Month Average | 61.972 % | £365,632 | £955,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £309,511 | £300,000 | 2 ROSEMEAD PLACE |
| 16 Nov 2023 | £402,210 | £392,000 | 7 WALLS ROAD |
| 2 Nov 2023 | £574,585 | £560,000 | 7 ST LUKES DRIVE |
| 6 Sep 2023 | £582,848 | £570,000 | BROOKLANDS COTTAGE LANE END ROAD |
| 1 Aug 2023 | £891,071 | £875,000 | SAN BERNARDINO SWAINS ROAD |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 4 May 2013. Using an estimated price of £982,846 means this house is valued at £5,255 per sq meter (£488 per sq foot).
The average size of a house on LANE END ROAD is 133 sq meters (1,435 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 |
| 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 |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crossway |