£571,645
This estimated value is based upon the latest sale price for the house of £410,000 on 4 Dec 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 |
|---|---|
| £410,000 | 4 Dec 2015 |
| £400,000 | 1 Sep 2009 |
| Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,145 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 December 2015 the House Price Index for ISLE OF WIGHT was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £410,000 results in an estimated price of approximately £571,645.
| 4 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £410,000 | £161,645 | £571,645 |
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 | -1.192 % | £-4,887 | £405,112 |
| 3 Month Average | 25.006 % | £102,526 | £512,526 |
| 6 Month Average | 11.570 % | £47,435 | £457,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £429,761 | £420,000 | 2 WITBANK CLOSE |
| 25 Sep 2023 | £326,191 | £319,000 | 4 PIERRELLEN GARDENS |
| 27 Apr 2023 | £273,618 | £268,500 | 11 WITBANK GARDENS |
| 25 Nov 2022 | £318,511 | £320,000 | 11 DUNCROFT GARDENS |
| 16 Jun 2022 | £372,973 | £365,000 | 47A GREEN LANE |
This house has a floor area of 199 sq meters or 2,145 sq feet when measured on 10 Nov 2008. Using an estimated price of £571,646 means this house is valued at £2,867 per sq meter (£266 per sq foot).
The average size of a house on GREEN LANE is 98 sq meters (1,058 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Pierrellen Gardens |
| Jun 2024 | Anti-social behaviour | On or near Witbank Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Witbank Gardens | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Gardens |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Coronation Gardens |