£213,470
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £125,000 | 25 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2013 the House Price Index for ISLE OF WIGHT was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £125,000 results in an estimated price of approximately £213,470.
| 25 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £125,000 | £88,470 | £213,470 |
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 | 50.025 % | £62,531 | £187,531 |
| 3 Month Average | 54.851 % | £68,563 | £193,563 |
| 6 Month Average | 53.832 % | £67,290 | £192,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £148,370 | £145,000 | 78 TRAFALGAR ROAD |
| 9 Aug 2023 | £215,894 | £212,000 | 72 TRAFALGAR ROAD |
| 24 Feb 2023 | £302,017 | £300,000 | 84B CARISBROOKE ROAD |
| 1 Feb 2023 | £81,796 | £81,250 | 19 WESTMONT HOUSE, 82 CARISBROOKE ROAD |
| 11 Aug 2022 | £172,306 | £171,500 | 64 TRAFALGAR ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 15 Jan 2013. Using an estimated price of £213,470 means this house is valued at £3,680 per sq meter (£341 per sq foot).
The average size of a house on LAUNDRY LANE is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laundry Lane |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Laundry Lane |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Laundry Lane |
| Jul 2024 | Drugs | Local resolution | On or near Laundry Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bedford Row |