£726,167
This estimated value is based upon the latest sale price for the house of £420,000 on 4 Jul 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £420,000 | 4 Jul 2006 |
| £40,000 | 3 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,416 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 July 2006 the House Price Index for ISLE OF WIGHT was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £420,000 results in an estimated price of approximately £726,167.
| 4 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £420,000 | £306,167 | £726,167 |
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 | 57.945 % | £243,368 | £663,368 |
| 3 Month Average | 67.136 % | £281,972 | £701,972 |
| 6 Month Average | 83.610 % | £351,159 | £771,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £568,415 | £560,000 | 7 ST LUKES DRIVE |
| 4 Aug 2023 | £706,178 | £700,000 | CEDAR COTTAGE SWAINS ROAD |
| 1 Aug 2023 | £882,722 | £875,000 | SAN BERNARDINO SWAINS ROAD |
| 24 Feb 2023 | £559,623 | £560,000 | 11 ST LUKES DRIVE |
| 8 Feb 2023 | £539,637 | £540,000 | 58 MEADOW DRIVE |
This house has a floor area of 131 sq meters or 1,416 sq feet when measured on 14 Feb 2009. Using an estimated price of £726,168 means this house is valued at £5,519 per sq meter (£512 per sq foot).
The average size of a house on SWAINS ROAD is 191 sq meters (2,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Lane End Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lane End Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lane End Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lane End Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lane End Close |