£195,307
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Mar 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £115,000 | 9 Mar 2011 |
| £122,500 | 10 Sep 2004 |
| £93,000 | 31 Jan 2003 |
| £44,000 | 29 Jul 1997 |
| Terraced |
| 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 March 2011 the House Price Index for ISLE OF WIGHT was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £115,000 results in an estimated price of approximately £195,307.
| 9 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.832 % | £115,000 | £80,307 | £195,307 |
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 | 42.184 % | £48,511 | £163,511 |
| 3 Month Average | 47.274 % | £54,365 | £169,365 |
| 6 Month Average | 27.111 % | £31,178 | £146,178 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Aug 2019.
The average size of a house on CROSS LANE is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Howard Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cross Lane |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cross Lane |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cross Lane |