£765,889
This estimated value is based upon the latest sale price for the house of £635,000 on 3 Jun 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 Coastguard Lane
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| Price Paid | Date |
|---|---|
| £635,000 | 3 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 June 2020 the House Price Index for ISLE OF WIGHT was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £635,000 results in an estimated price of approximately £765,889.
| 3 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £635,000 | £130,889 | £765,889 |
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 | -39.257 % | £-249,280 | £385,719 |
| 3 Month Average | 15.482 % | £98,311 | £733,311 |
| 6 Month Average | 22.655 % | £143,856 | £778,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £643,478 | £640,000 | WAGTAILS BAY ROAD |
| 12 Jan 2023 | £308,788 | £311,500 | CRANLEIGH BLACKBRIDGE ROAD |
| 26 Aug 2022 | £341,691 | £344,000 | SOUTHBOURNE THE SQUARE |
| 5 Aug 2022 | £546,309 | £550,000 | BAY SOUND GATE LANE |
| 23 Jun 2022 | £262,662 | £260,000 | FLAT 1 HAZELHURST GATE LANE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 17 Jun 2019. Using an estimated price of £765,890 means this house is valued at £4,670 per sq meter (£433 per sq foot).
The average size of a house on THE SQUARE is 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coastguard Lane |
| Jan 2024 | Anti-social behaviour | On or near Coastguard Lane | |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Coastguard Lane |
| Jan 2024 | Anti-social behaviour | On or near Coastguard Lane | |
| Jan 2024 | Anti-social behaviour | On or near Coastguard Lane |