£125,538
This estimated value is based upon the latest sale price for the house of £75,000 on 8 Mar 2013. 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 St Cross Lane
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| Price Paid | Date |
|---|---|
| £75,000 | 8 Mar 2013 |
| £82,500 | 30 Oct 2009 |
| £105,000 | 15 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2013 the House Price Index for ISLE OF WIGHT was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £75,000 results in an estimated price of approximately £125,538.
| 8 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £75,000 | £50,538 | £125,538 |
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 | 11.142 % | £8,356 | £83,356 |
| 3 Month Average | 47.218 % | £35,413 | £110,413 |
| 6 Month Average | 47.490 % | £35,617 | £110,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £61,068 | £60,000 | FLAT 1 ST JAMES COURT, 52 LUGLEY STREET |
| 17 Aug 2022 | £2,717,685 | £2,725,000 | 23 LUGLEY STREET |
| 7 Jan 2022 | £94,717 | £90,000 | FLAT 5 HELLERSLEA COURT, 3 LUGLEY STREET |
| 6 Jan 2022 | £257,840 | £245,000 | 16 LUGLEY STREET |
| 5 Jan 2022 | £336,771 | £320,000 | 29A LUGLEY STREET |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 6 Aug 2021. Using an estimated price of £125,538 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on CROCKER STREET is 60 sq meters (650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Local resolution | On or near St Cross Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Cross Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Cross Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Cross Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St Cross Lane |