£469,501
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Jul 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 July 2016 the House Price Index for ISLE OF WIGHT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £350,000 results in an estimated price of approximately £469,501.
| 18 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £350,000 | £119,501 | £469,501 |
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 | 16.243 % | £56,848 | £406,848 |
| 3 Month Average | 32.881 % | £115,083 | £465,083 |
| 6 Month Average | 19.805 % | £69,316 | £419,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £326,191 | £319,000 | 4 PIERRELLEN GARDENS |
| 12 Sep 2023 | £265,861 | £260,000 | 17 LANDGUARD MANOR ROAD |
| 27 Apr 2023 | £273,618 | £268,500 | 11 WITBANK GARDENS |
| 25 Nov 2022 | £318,511 | £320,000 | 11 DUNCROFT GARDENS |
| 29 Jul 2022 | £479,808 | £475,000 | 1 DONNINGTON DRIVE |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 10 Jul 2015. Using an estimated price of £469,502 means this house is valued at £2,579 per sq meter (£239 per sq foot).
The average size of a house on GREEN LANE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Witbank Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Witbank Gardens | |
| May 2024 | Other theft | Under investigation | On or near Pierrellen Gardens |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Lucerne Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |