£355,187
This estimated value is based upon the latest sale price for the house of £337,500 on 7 Jan 2022. 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 Laburnam Close
More crime details
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| Price Paid | Date |
|---|---|
| £337,500 | 7 Jan 2022 |
| £235,000 | 19 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2022 the House Price Index for ISLE OF WIGHT was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £337,500 results in an estimated price of approximately £355,187.
| 7 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £337,500 | £17,687 | £355,187 |
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 | -6.619 % | £-22,338 | £315,161 |
| 3 Month Average | -9.627 % | £-32,490 | £305,009 |
| 6 Month Average | -6.722 % | £-22,687 | £314,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £267,339 | £265,000 | 16 MOUNT PLEASANT ROAD |
| 21 Jul 2023 | £451,071 | £445,000 | 12 CYPRESS ROAD |
| 3 Mar 2023 | £363,424 | £360,000 | 7 AVONDALE ROAD |
| 19 Aug 2022 | £663,215 | £665,000 | 10 CYPRESS ROAD |
| 20 Apr 2022 | £231,705 | £225,000 | 12 SHIDE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Jun 2021. Using an estimated price of £355,188 means this house is valued at £3,903 per sq meter (£362 per sq foot).
The average size of a house on SHIDE ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Laburnam Close |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Sydney Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Close |