£353,979
This estimated value is based upon the latest sale price for the house of £190,000 on 6 May 2005. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £190,000 | 6 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2005 the House Price Index for ISLE OF WIGHT was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £190,000 results in an estimated price of approximately £353,979.
| 6 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £190,000 | £163,979 | £353,979 |
The Postcode Pricing Model uses changes in average sales price within the PO40 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 | 120.898 % | £229,705 | £419,705 |
| 3 Month Average | 59.245 % | £112,566 | £302,566 |
| 6 Month Average | 75.134 % | £142,754 | £332,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £270,000 | £270,000 | 2 RONSTAN GARDENS |
| 16 Aug 2024 | £285,000 | £285,000 | 1 SUFFOLK COTTAGES COPSE LANE |
| 23 Jun 2023 | £561,247 | £550,000 | RIVERVIEW COPSE LANE |
| 18 Jan 2023 | £270,723 | £270,000 | RIVER BREEZES COPSE LANE |
| 7 Nov 2022 | £313,534 | £315,000 | EDGWARE COPSE LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Oct 2013. Using an estimated price of £353,979 means this house is valued at £4,719 per sq meter (£438 per sq foot).
The average size of a house on COPSE LANE is 103 sq meters (1,118 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Copse Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Manor Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Manor Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Manor Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Church Place |