£344,334
This estimated value is based upon the latest sale price for the house of £230,000 on 24 Oct 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 |
---|---|
£230,000 | 24 Oct 2014 |
£220,000 | 20 Dec 2004 |
£72,000 | 8 May 1997 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 October 2014 the House Price Index for ISLE OF WIGHT was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £230,000 results in an estimated price of approximately £344,334.
24 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £230,000 | £114,334 | £344,334 |
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 | 44.130 % | £101,497 | £331,497 |
3 Month Average | 29.597 % | £68,073 | £298,073 |
6 Month Average | 18.115 % | £41,665 | £271,665 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £408,574 | £405,000 | 74 LONG LANE |
30 Jun 2023 | £540,548 | £534,000 | FERNLEA BUCKBURY LANE |
17 Feb 2023 | £464,687 | £465,000 | 155C STAPLERS ROAD |
7 Jul 2022 | £280,756 | £280,000 | 5 BUCKBURY HEIGHTS |
13 Dec 2021 | £369,625 | £345,000 | 181 STAPLERS ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 May 2014. Using an estimated price of £344,334 means this house is valued at £3,624 per sq meter (£336 per sq foot).
The average size of a house on BUCKBURY LANE is 144 sq meters (1,551 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Powell Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cosham Close |
Mar 2024 | Anti-social behaviour | On or near Saxon Close | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Saxon Close |
Jan 2024 | Drugs | Local resolution | On or near Saxon Close |