£417,544
This estimated value is based upon the latest sale price for the house of £290,000 on 18 Aug 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 |
---|---|
£290,000 | 18 Aug 2015 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2015 the House Price Index for ISLE OF WIGHT was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £290,000 results in an estimated price of approximately £417,544.
18 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £290,000 | £127,544 | £417,544 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 30.526 % | £88,526 | £378,526 |
3 Month Average | 58.927 % | £170,887 | £460,887 |
6 Month Average | 55.638 % | £161,348 | £451,348 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £1,070,000 | £1,070,000 | HAVELOCK HOUSE GATE LANE |
28 Nov 2023 | £264,720 | £258,000 | FLAT 3 AFTON DOWN HOUSE COASTGUARD LANE |
15 Sep 2023 | £204,508 | £200,000 | FLAT 8 HAZELHURST GATE LANE |
31 Mar 2023 | £650,870 | £640,000 | WAGTAILS BAY ROAD |
9 Jan 2023 | £2,456,564 | £2,450,000 | ALBION HOTEL FRESHWATER BAY |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 7 Nov 2014. Using an estimated price of £417,544 means this house is valued at £3,599 per sq meter (£334 per sq foot).
The average size of a house on COASTGUARD LANE is 106 sq meters (1,143 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Coastguard Lane |
Jun 2024 | Anti-social behaviour | On or near Coastguard Lane | |
Jun 2024 | Anti-social behaviour | On or near Coastguard Lane | |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Greystones Lane |