£349,481
This estimated value is based upon the latest sale price for the house of £164,950 on 12 Feb 2004. 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 Cross Lane
More crime details
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Price Paid | Date |
---|---|
£164,950 | 12 Feb 2004 |
£115,000 | 14 Dec 2000 |
Detached |
Freehold |
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 February 2004 the House Price Index for ISLE OF WIGHT was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £164,950 results in an estimated price of approximately £349,481.
12 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 148.6 | 111.871 % | £164,950 | £184,531 | £349,481 |
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 | 68.005 % | £112,174 | £277,124 |
3 Month Average | 71.923 % | £118,637 | £283,587 |
6 Month Average | 57.299 % | £94,514 | £259,464 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £260,862 | £257,000 | 18 VICTORIA ROAD |
16 Nov 2023 | £151,239 | £149,000 | 59 CROSS LANE |
1 Mar 2023 | £234,207 | £232,000 | 62 HALBERRY LANE |
20 Feb 2023 | £289,805 | £290,000 | 4 CYNTHIA GROVE |
31 Jan 2023 | £233,898 | £235,000 | 9 BELLMEAD LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cross Lane |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cross Lane |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Cross Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
Feb 2024 | Criminal damage and arson | Local resolution | On or near Howard Close |