£95,518
This estimated value is based upon the latest sale price for the house of £56,000 on 5 Sep 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 |
|---|---|
| £56,000 | 5 Sep 2011 |
| £60,000 | 30 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 447 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 September 2011 the House Price Index for ISLE OF WIGHT was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.569%.Applying this 70.569% change to the original purchase price of £56,000 results in an estimated price of approximately £95,518.
| 5 Sep 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.569 % | £56,000 | £39,518 | £95,518 |
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 | 43.070 % | £24,118 | £80,118 |
| 3 Month Average | 47.497 % | £26,598 | £82,598 |
| 6 Month Average | 27.684 % | £15,502 | £71,502 |
This house has a floor area of 41 sq meters or 447 sq feet when measured on 20 Jan 2011.
The average size of a house on TOWN LANE is 44 sq meters (480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Town Lane |
| Mar 2024 | Anti-social behaviour | On or near Town Lane | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Town Lane |
| Jan 2024 | Anti-social behaviour | On or near Town Lane | |
| Jan 2024 | Anti-social behaviour | On or near Town Lane |