£739,001
This estimated value is based upon the latest sale price for the house of £740,000 on 22 Jul 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £740,000 | 22 Jul 2022 |
| £455,000 | 10 Jun 2016 |
| £335,000 | 1 May 2009 |
| £113,000 | 22 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2022 the House Price Index for ISLE OF WIGHT was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £740,000 results in an estimated price of approximately £739,001.
| 22 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £740,000 | £-998 | £739,001 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | -6.420 % | £-47,507 | £692,492 |
| 3 Month Average | 1.110 % | £8,211 | £748,211 |
| 6 Month Average | 18.605 % | £137,677 | £877,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £704,283 | £700,000 | CEDAR COTTAGE SWAINS ROAD |
| 1 Aug 2023 | £880,354 | £875,000 | SAN BERNARDINO SWAINS ROAD |
| 8 Feb 2023 | £537,458 | £540,000 | 58 MEADOW DRIVE |
| 22 Jul 2022 | £739,001 | £740,000 | 57 MEADOW DRIVE |
| 6 Apr 2022 | £697,436 | £680,000 | WOODCUT SWAINS ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 20 Dec 2019. Using an estimated price of £739,001 means this house is valued at £5,355 per sq meter (£497 per sq foot).
The average size of a house on MEADOW DRIVE is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Lane End Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lane End Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lane End Close |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Lane End Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lane End Close |