£1,092,015
This estimated value is based upon the latest sale price for the house of £865,000 on 27 Mar 2018. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £865,000 | 27 Mar 2018 |
| £770,000 | 16 May 2014 |
| £499,000 | 26 Aug 2005 |
| £330,000 | 20 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 201 sq meters or 2,163 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 2018 the House Price Index for ISLE OF WIGHT was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £865,000 results in an estimated price of approximately £1,092,015.
| 27 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £865,000 | £227,015 | £1,092,015 |
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 | -14.156 % | £-122,453 | £742,546 |
| 3 Month Average | -4.122 % | £-35,653 | £829,346 |
| 6 Month Average | 70.245 % | £607,619 | £1,472,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £130,308 | £127,000 | FLAT 5 HIGHBURY COURT LANE END ROAD |
| 6 Oct 2023 | £675,338 | £660,000 | 47 EGERTON ROAD |
| 22 Sep 2023 | £1,738,320 | £1,700,000 | WIGHTHAVEN SWAINS LANE |
| 22 Aug 2023 | £122,204 | £120,000 | 12 ELMS COURT |
| 28 Nov 2022 | £194,092 | £195,000 | 10 ELMS COURT |
This house has a floor area of 201 sq meters or 2,163 sq feet when measured on 16 Mar 2013. Using an estimated price of £1,092,016 means this house is valued at £5,432 per sq meter (£504 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 |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willowdene Court |
| 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 |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |