PROSPECT COTTAGE 2 HEATH LANE

£234,810

Full Address

PROSPECT COTTAGE 2 HEATH LANE
FRESHWATER
FRESHWATER
ISLE OF WIGHT
UNITED KINGDOM
PO40 9NF

Estimated Market Value

£234,810

This estimated value is based upon the latest sale price for the house of £190,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1

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Transactions for this house
Price PaidDate
£190,0006 Dec 2019
£56,50018 Dec 1998
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 December 2019 the House Price Index for ISLE OF WIGHT was 121.1.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.

Applying this 23.585% change to the original purchase price of £190,000 results in an estimated price of approximately £234,810.

6 Dec 2019 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
121.1 149.7 23.585 % £190,000 £44,810 £234,810

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 126.190 % £239,760 £429,760
3 Month Average 43.699 % £83,028 £273,028
6 Month Average 27.690 % £52,610 £242,610
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
5 Apr 2024 £312,716 £310,000 SUNNYDALE WESTLANDS
3 Apr 2024 £194,186 £192,500 12 MARTINE CLOSE
22 Mar 2024 £370,695 £365,000 3 BIRCH CLOSE
15 Nov 2023 £213,930 £208,500 6 JAMESON GARDENS
16 Oct 2023 £304,414 £297,500 14 JAMESON GARDENS

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jul 2024 Drugs Local resolution On or near Heath Lane
May 2024 Violence and sexual offences Unable to prosecute suspect On or near Heath Lane
Jul 2024 Violence and sexual offences Under investigation On or near Martine Close
Jun 2024 Anti-social behaviour On or near Martine Close
Jun 2024 Anti-social behaviour On or near Martine Close

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Companies Near Here
HOMES BY HARRIS LTD
2 Prospect Cottages Heath Lane Freshwater England PO40 9NF
TIER HERITAGE LTD.
ST KILDA HEATH MEADOW FRESHWATER ISLE OF WIGHT ENGLAND PO40 9NQ
JR ALPHA SERVICES LIMITED
Holmleigh Colwell Road Totland Isle Of Wight England PO39 0AH
CS CONSULTANCY (IW) LTD
Holmleigh Colwell Road Totland Bay Isle Of Wight PO39 0AH
CBO PROPERTIES LTD
Holmleigh Colwell Road Totland Bay England PO39 0AH

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People Near Here
COUNCILLOR COLIN HERBERT LILLYWHITE Historic Information COUNTY COUNCILLOR
4B SOLENT GARDENS, PO40 9PN
MR JOHN FREDERICK HOWE RETIRED
TRELOWARREN HOUSE, WESTLANDS, PO39 0DJ
ALAN WALKER Historic Information RETIRED
FLAT 2 LINSTONE, COLWELL ROAD, PO39 0AH
Paul Timothy PEPLOW None
Holmleigh Colwell Road, PO39 0AH
Mr Roger Furnival Sixsmith
Toulouse Colwell Road, PO39 0AH
Ms Corina Sewell
Holmleigh Colwell Road, PO39 0AH
Claire Elizabeth Gardner
Arlanza Westlands, PO390DJ
JILLIAN MARGARET RIVINGTON Historic Information RETIRED
2 LINSTONE, COLWELL ROAD, PO39 0AH
HANNAH LOUISE OATLEY DIRECTOR
HOLMLEIGH COLWELL ROAD, PO39 0AH
MR CHRISTOPHER CHURCH DIRECTOR
HOLMLEIGH COLWELL ROAD, PO39 0AH
Mrs Jenifer Church
Holmleigh Colwell Road, PO39 0AH
PETER FRANCIS HANLEY Historic Information SITE INVESTIGATION
HOLMLEA HEATH MEADOW, PO40 9NQ
Clive Norman SMITH None
Holmleigh Colwell Road, PO39 0AH
MRS DI LUI DIRECTOR
HOLMLEIGH COLWELL ROAD, PO39 0AH
MR ALAN LESLIE WHALE Historic Information RETIRED
2 LINSTONE, COLWELL ROAD, PO39 0AH
MRS Sheran Anne WARD Nurse
Kernswald Warden Road, PO39 0AD
MR PETER DUDLEY KINGSTON Historic Information CHARTERED SURVEYOR
RAFTERS, WARDEN ROAD, PO39 0AD
PAUL HENRY VEAUDRY Historic Information RETIRED
FLAT 2 LINSTONE, COLWELL ROAD, PO39 0AH
Mrs Katie Sue Cambridge
St Kilda Heath Meadow, Freshwater, PO40 9NQ
MR JOHN EBENEZER, JAMES BRADSHAW Historic Information RETIRED
3 LINSTONE, COLWELL ROAD, PO39 0AH
CLAIRE ELIZABETH GARDNER SHOP MANAGER
ARLANZA WESTLANDS, PO390DJ
WALTER JAMES FEAVER Historic Information RETIRED
ROSE COTTAGE, COLWELL LANE, PO40 9LU
Mrs Rosemary Shelley Humphreys
1 Linstone 1 Linstone, Colwell Road, PO39 0AH
MR JOHN PAUL RUDGE WASHING MACHINE RENTALS
HOLMLEIGH COLWELL ROAD, PO39 0AH
MR JOHN HOWE RETIRED
ABBEYFIELD HOUSE 6 THE AVENUE, PO39 0DH
Mr Paul Winchester
3 Jameson Gardens , PO39 0AA
MR CONSTANTIN BALAN Historic Information DIRECTOR
14 THE AVENUE, PO39 0DH
ALISON RUTH CRIPPS Historic Information MUSIC TEACHER
WARDEN COTTAGE, WARDEN ROAD, PO39 0AD
MRS Dorothy BROWN Retired
Gracel Colwell Road, PO40 9NB
Mr Owen Cambridge
St Kilda Heath Meadow, Freshwater, PO40 9NQ
MR MARTIN MAWHOOD RETIRED
THE VYNES WARDEN ROAD, TOTLAND, PO39 0AD
MRS SUSAN IRENE VICKERY RETIRED
FLAT 1, LINSTONE COLWELL ROAD, PO39 0AH
JUNE CAROL CROSS Historic Information
DRIFTERS, COLWELL LANE, PO40 9LX
Mr John Ebenezer James Bradshaw
3 Linstone 3 Linstone, Colwell Road, PO39 0AH
CAROLE ANNE MCFARLANE Historic Information OPERATIONS MANAGER
MEREDON COTTAGE, COLWELL LANE, PO40 9LT
PATRICIA SEXTON SIME
20 MARTINE CLOSE, PO40 9NG
IRENE VIOLET MORGAN Historic Information RETIRED
FLAT 3 LINSTONE, COLWELL ROAD, PO39 0AH
MR DAVID PAUL WAYMAN MANAGER
STAFFA COLWELL ROAD, PO39 0AH
MR STUART WILLIAM PLOWMAN Historic Information CO DIRECTOR
40 THE AVENUE, PO39 0DL
MR Hamish Angus Munro WILSON Director
Holmleigh Colwell Road, PO39 0AH
KELLY MARIE BAILEY DIRECTOR
HOLMLEIGH COLWELL ROAD, PO39 0AH
ALAN FREDERICK MARTIN Historic Information G R P LAMINATOR
FLAT 1 LINSTONE, COLWELL ROAD, PO39 0AH
MRS SHIRLEY BANNISTER RETIRED
ABBEYFIELD HOUSE 6 THE AVENUE, PO39 0DH
MR Martin Thomas Ian WRIGHT Director
Holmleigh Colwell Road, PO39 0AH
MR Mark RAVELLE Consultant
Stabula Warden Road, PO39 0AD
GERALDINE MAY HANLEY Historic Information
HOLMLEA HEATH MEADOW, PO40 9NQ
BEVERLEY SIXSMITH Historic Information LIBRARY ASSISTANT
TOULOUSE, COLWELL ROAD, PO39 0AH
Mrs Maureen Susan Barnard
2 Linstone Colwell Road, 2 Linstone, PO39 0AH
MR Robert Joseph LOMBARDELLI Retired
Mimosa Colwell Road, PO39 0AH
MR David Vaughan GRIFFITH None
Holmleigh Colwell Road, PO39 0AH

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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