£277,950
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Jun 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 |
|---|---|
| £190,000 | 24 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 June 2015 the House Price Index for ISLE OF WIGHT was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £190,000 results in an estimated price of approximately £277,950.
| 24 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £190,000 | £87,950 | £277,950 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | 9.261 % | £17,596 | £207,596 |
| 3 Month Average | 29.982 % | £56,966 | £246,966 |
| 6 Month Average | 21.508 % | £40,864 | £230,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £245,000 | £245,000 | 47 WHITECROSS AVENUE |
| 7 Aug 2023 | £325,878 | £320,000 | 11 NINHAM CLOSE |
| 2 Jun 2023 | £321,442 | £315,000 | 1 LOVETT WAY |
| 15 Feb 2023 | £302,017 | £300,000 | 109 GREEN LANE |
| 16 Jan 2023 | £135,362 | £135,000 | FLAT 3 COUNTY VIEW, 114 GREEN LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Dec 2019. Using an estimated price of £277,951 means this house is valued at £4,342 per sq meter (£403 per sq foot).
The average size of a house on GREEN LANE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Wheeler Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wheeler Way |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wheeler Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rogers |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rogers |