£748,621
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £500,000 | 21 Nov 2014 |
| £134,000 | 29 Jul 1996 |
| Semi-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 November 2014 the House Price Index for ISLE OF WIGHT was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £500,000 results in an estimated price of approximately £748,621.
| 21 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £500,000 | £248,621 | £748,621 |
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 | 337.393 % | £1,686,964 | £2,186,964 |
| 3 Month Average | 150.635 % | £753,172 | £1,253,172 |
| 6 Month Average | 80.310 % | £401,550 | £901,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £1,722,018 | £1,700,000 | WIGHTHAVEN SWAINS LANE |
| 22 Aug 2023 | £121,059 | £120,000 | 12 ELMS COURT |
| 1 Aug 2023 | £882,722 | £875,000 | SAN BERNARDINO SWAINS ROAD |
| 25 Jul 2023 | £2,027,285 | £2,000,000 | LAURUS SWAINS LANE |
| 8 Feb 2023 | £539,637 | £540,000 | 58 MEADOW DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Frampton Way |
| Mar 2024 | Shoplifting | Under investigation | On or near Lane End Close |
| Feb 2024 | Shoplifting | Under investigation | On or near Lane End Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lane End Close |
| Jan 2024 | Shoplifting | Under investigation | On or near Lane End Close |