£453,562
This estimated value is based upon the latest sale price for the house of £379,950 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Laburnam Close
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| Price Paid | Date |
|---|---|
| £379,950 | 3 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2020 the House Price Index for ISLE OF WIGHT was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £379,950 results in an estimated price of approximately £453,562.
| 3 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £379,950 | £73,612 | £453,562 |
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 | 24.798 % | £94,221 | £474,171 |
| 3 Month Average | 29.602 % | £112,472 | £492,422 |
| 6 Month Average | 3.311 % | £12,580 | £392,530 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 17 Sep 2019.
The average size of a house on LABURNAM CLOSE is 156 sq meters (1,680 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Laburnam Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near St Johns Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wykeham Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Woodbine Close |